Iowa Statutes

§ 510B.4 — Standards of conduct — good faith — conflict of interest

Iowa § 510B.4
JurisdictionIowa
Title XIIICOMMERCE
Ch. 510BREGULATION OF PHARMACY BENEFITS MANAGERS

This text of Iowa § 510B.4 (Standards of conduct — good faith — conflict of interest) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Iowa Code § 510B.4 (2026).

Text

1.A pharmacy benefits manager shall exercise good faith and fair dealing in the performance of the pharmacy benefits manager’s contractual obligations toward a third-party payor or a pharmacy.
2.A pharmacy benefits manager shall notify a health carrier in writing of any activity, policy, practice ownership interest, or affiliation of the pharmacy benefits manager that presents any conflict of interest.
3.A pharmacy benefits manager shall act in the best interest of each third-party payor for whom the pharmacy benefits manager manages a prescription drug benefit provided by the third-party payor, and shall discharge its duties in accordance with applicable state and federal law.
4.A pharmacy benefits manager, health carrier, health benefit plan, or third-party payor shall not discrimina

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Bluebook (online)
Iowa § 510B.4, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/510B.4.