Oklahoma Statutes
§ 36-6964 — Formulary to identify drugs that offer greatest value.
Oklahoma § 36-6964
JurisdictionOklahoma
Title 36Insurance
This text of Oklahoma § 36-6964 (Formulary to identify drugs that offer greatest value.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Okla. Stat. tit. 36, § 36-6964 (2026).
Text
A.A health insurer's pharmacy and therapeutics committee (P&T committee) shall establish a formulary, which shall be a list of prescription drugs, both generic and brand name, used by practitioners to identify drugs that offer the greatest overall value.
B.A health insurer shall prohibit conflicts of interest for members of the P&T committee.
1.A person may not serve on a P&T committee if the person is currently employed or was employed within the preceding year by a pharmaceutical manufacturer, developer, labeler, wholesaler or distributor.
2.A health insurer shall require any member of the P&T committee to disclose any compensation or funding from a pharmaceutical manufacturer, developer, labeler, wholesaler or distributor. Such P&T committee member shall be recused from voting on an
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Legislative History
Added by Laws 2019, c. 426, § 7, eff. Nov. 1, 2019.
Nearby Sections
15
§ 36-1001
Judicial review.§ 36-101
Short title.§ 36-102
"Insurance" defined.§ 36-103
"Insurer" defined.§ 36-104
"Person" defined.§ 36-105
"Transacting" insurance.§ 36-107
"Board" defined.§ 36-108
"Insurance Department" defined.§ 36-109
Compliance required.§ 36-1100
Short title - Purpose and effect.§ 36-1100.1
Definitions.§ 36-1100.2
Authority to enter multistate agreements.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 36-6964, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/36/36-6964.