Maine § 24-A §4350-B Prescription drug formularies; pharmacy and therapeutics committee

Maine Statutes

§ 24-A §4350-B — Prescription drug formularies; pharmacy and therapeutics committee

Maine § 24-A §4350-B

Title 24-AMAINE INSURANCE CODE

Ch. 56-CHEALTH PLANS THAT PROVIDE PRESCRIPTION DRUG BENEFITS

This text of Maine § 24-A §4350-B (Prescription drug formularies; pharmacy and therapeutics committee) 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-B (2026).

Text

1.Pharmacy and therapeutics committee; use of formulary. A carrier, or a pharmacy benefits manager under contract with a carrier, shall establish a pharmacy and therapeutics committee. A carrier shall require its pharmacy and therapeutics committee or the pharmacy and therapeutics committee of the carrier's pharmacy benefits manager to use one or more formularies.

2.Pharmacy and therapeutics committee; no conflict of interest for members. A carrier, or a pharmacy benefits manager under contract with a carrier, may not allow a person with a conflict of interest, as described in paragraph A or B, to be a member of its pharmacy and therapeutics committee. A person may not serve as a member of a pharmacy and therapeutics committee if the person:

3.Compensation prohibited. A carrier, or a ph

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1.
Pharmacy and therapeutics committee; use of formulary.
A carrier, or a pharmacy benefits manager under contract with a carrier, shall establish a pharmacy and therapeutics committee. A carrier shall require its pharmacy and therapeutics committee or the pharmacy and therapeutics committee of the carrier's pharmacy benefits manager to use one or more formularies.
2.
Pharmacy and therapeutics committee; no conflict of interest for members.
A carrier, or a pharmacy benefits manager under contract with a carrier, may not allow a person with a conflict of interest, as described in paragraph A or B, to be a member of its pharmacy and therapeutics committee. A person may not serve as a member of a pharmacy and therapeutics committee if the person:
3.
Compensation prohibited.
A carrier, or a pharmacy benefits manager under contract with a carrier, shall prohibit its pharmacy and therapeutics committee or any member of the committee from receiving any compensation from a pharmaceutical manufacturer, developer, labeler, wholesaler or distributor.