New York § 2901 Definitions

New York Statutes

§ 2901 — Definitions

New York § 2901

Law ISCInsurance

Art. 29Pharmacy Benefit Managers

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Bluebook

N.Y. Insurance § 2901 (2026).

Text

  § 2901. Definitions. For purposes of this article:\n  (a) "Controlling person" is any person or other entity who or which\ndirectly or indirectly has the power to direct or cause to be directed\nthe management, control or activities of a pharmacy benefit manager.\n  (b) The terms "covered individual", "health plan", "pharmacy benefit\nmanager" and "pharmacy benefit management services" have the same\nmeanings as defined by section two hundred eighty-a of the public health\nlaw. The superintendent is expressly authorized to interpret these terms\nas if the definitions were stated within this article.\n

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§ 2901. Definitions. For purposes of this article:\n (a) "Controlling person" is any person or other entity who or which\ndirectly or indirectly has the power to direct or cause to be directed\nthe management, control or activities of a pharmacy benefit manager.\n (b) The terms "covered individual", "health plan", "pharmacy benefit\nmanager" and "pharmacy benefit management services" have the same\nmeanings as defined by section two hundred eighty-a of the public health\nlaw. The superintendent is expressly authorized to interpret these terms\nas if the definitions were stated within this article.\n