Colorado § 10-16-1502 Legislative declaration

Colorado Statutes

§ 10-16-1502 — Legislative declaration

Colorado § 10-16-1502

Title 10Insurance

Art.Health-care Coverage

This text of Colorado § 10-16-1502 (Legislative declaration) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 10-16-1502 (2026).

Text

(1)The general assembly declares that the purpose of this part 15 is to:

(a)Prohibit a pharmacy benefit manager or carrier from imposing fees, charge backs, or other adjustments on covered entities or contract pharmacies based on their participation in the 340B drug pricing program;

(b)Prohibit a pharmacy benefit manager or carrier from requiring a claim for a drug to include a modifier to indicate that the drug is a 340B drug unless the claim is for payment, directly or indirectly, by the medicaid program; and

(c)Provide for powers and duties of the commissioner and the division.

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(1) The general assembly declares that
the purpose of this part 15 is to:

(a) Prohibit a pharmacy benefit manager or carrier from imposing fees,
charge backs, or other adjustments on covered entities or contract pharmacies
based on their participation in the 340B drug pricing program;

(b) Prohibit a pharmacy benefit manager or carrier from requiring a claim for
a drug to include a modifier to indicate that the drug is a 340B drug unless the
claim is for payment, directly or indirectly, by the medicaid program; and

(c) Provide for powers and duties of the commissioner and the division.