Iowa § 510B.8D Pharmacy benefits manager contracts

Iowa Statutes

§ 510B.8D — Pharmacy benefits manager contracts

Iowa § 510B.8D

Title XIIICOMMERCE

Ch. 510BREGULATION OF PHARMACY BENEFITS MANAGERS

This text of Iowa § 510B.8D (Pharmacy benefits manager contracts) 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.8D (2026).

Text

1.All contracts executed, amended, adjusted, or renewed on or after July 1, 2025, that apply to prescription drug benefits on or after January 1, 2026, between a pharmacy benefits manager and a third-party payor, or between a person and a third-party payor, shall include all of the following requirements:

a.The pharmacy benefits manager shall use pass-through pricing.

b.Payments received by a pharmacy benefits manager for services provided by the pharmacy benefits manager to a third-party payor or to a pharmacy shall be used or distributed pursuant to the pharmacy benefits manager’s contract with the third-party payor or with the pharmacy, or as otherwise required by law.

2.Unless otherwise prohibited by law, subsection 1 shall supersede any contractual terms to the contrary in any con

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1. All contracts executed, amended, adjusted, or renewed on or after July 1, 2025, that
apply to prescription drug benefits on or after January 1, 2026, between a pharmacy benefits
manager and a third-party payor, or between a person and a third-party payor, shall include
all of the following requirements:
a. The pharmacy benefits manager shall use pass-through pricing.
b. Payments received by a pharmacy benefits manager for services provided by the
pharmacy benefits manager to a third-party payor or to a pharmacy shall be used or
distributed pursuant to the pharmacy benefits manager’s contract with the third-party payor
or with the pharmacy, or as otherwise required by law.
2. Unless otherwise prohibited by law, subsection 1 shall supersede any contractual terms
to the contrary in any contract executed, amended, adjusted, or renewed on or after July
1, 2025, that applies to prescription drug benefits on or after January 1, 2026, between a
pharmacy benefits manager and a third-party payor, or between a person and a third-party
payor.