Maine Statutes

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

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 56-C HEALTH PLANS THAT PROVIDE PRESCRIPTION DRUG BENEFITS
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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Legislative History

PL 2019, c. 469, §8 (NEW). PL 2019, c. 469, §9 (AFF).

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