Michigan § 550.927 Disclosure of current selling prices; prohibited contract provisions.

Michigan Statutes

§ 550.927 — Disclosure of current selling prices; prohibited contract provisions.

Michigan § 550.927

Ch. 550GENERAL INSURANCE LAWS

Act 218 of 1984THIRD PARTY ADMINISTRATOR ACT (550.901-550.962)

This text of Michigan § 550.927 (Disclosure of current selling prices; prohibited contract provisions.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 550.927 (2026).

Text

THIRD PARTY ADMINISTRATOR ACT (EXCERPT) Act 218 of 1984 550.927 Disclosure of current selling prices; prohibited contract provisions. Sec.

27.A contract between a carrier or third party administrator that is a pharmacy benefit manager and a pharmacy must not prohibit the pharmacy from disclosing the current selling price of a drug in accordance with section 17757 of the public health code, 1978 PA 368, MCL 333.17757. This section applies to a contract described in this section executed, extended, or renewed on or after the effective date of the amendatory act that added this section.

Free access — add to your briefcase to read the full text and ask questions with AI

THIRD PARTY ADMINISTRATOR ACT (EXCERPT) Act 218 of 1984 550.927 Disclosure of current selling prices; prohibited contract provisions. Sec. 27. A contract between a carrier or third party administrator that is a pharmacy benefit manager and a pharmacy must not prohibit the pharmacy from disclosing the current selling price of a drug in accordance with section 17757 of the public health code, 1978 PA 368, MCL 333.17757. This section applies to a contract described in this section executed, extended, or renewed on or after the effective date of the amendatory act that added this section.