Maine § 24-A §4350-A Responsibility to use compensation for benefit of covered persons

Maine Statutes

§ 24-A §4350-A — Responsibility to use compensation for benefit of covered persons

Maine § 24-A §4350-A

Title 24-AMAINE INSURANCE CODE

Ch. 56-CHEALTH PLANS THAT PROVIDE PRESCRIPTION DRUG BENEFITS

This text of Maine § 24-A §4350-A (Responsibility to use compensation for benefit of covered persons) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 24-A, § 24-A §4350-A (2026).

Text

1.Compensation used to reduce point-of-sale costs, improve benefits or lower premiums. All compensation remitted by or on behalf of a pharmaceutical manufacturer, developer or labeler, directly or indirectly, to a carrier, or to a pharmacy benefits manager under contract with a carrier, related to its prescription drug benefits must be:

2.Compliance. Beginning March 1, 2021 and annually thereafter, a carrier shall file with the superintendent a report in the manner and form determined by the superintendent demonstrating how the carrier has complied with this section.

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1.
Compensation used to reduce point-of-sale costs, improve benefits or lower premiums.
All compensation remitted by or on behalf of a pharmaceutical manufacturer, developer or labeler, directly or indirectly, to a carrier, or to a pharmacy benefits manager under contract with a carrier, related to its prescription drug benefits must be:
2.
Compliance.
Beginning March 1, 2021 and annually thereafter, a carrier shall file with the superintendent a report in the manner and form determined by the superintendent demonstrating how the carrier has complied with this section.