South Dakota Statutes
§ 58-29E-17 — Placement on a maximum allowable cost list--Requirements--Promulgation of rules.
Prior to placing a prescription drug on a maximum allowable cost list, a pharmacy benefit manager shall ensure that the prescription drug is:
(1)Listed as therapeutically and pharmaceutically equivalent in the latest edition of, or any supplement to, the Food and Drug Administration's publication entitled Approved Drug Products with Therapeutic Equivalence Evaluations, as adopted by the State Board of Pharmacy, in rules promulgated pursuant to chapter 1-26 ;
(2)Not obsolete or temporarily unavailable; and (3) Available for purchase, without limitation, by every pharmacy in this state, from a national or regional wholesale distributor licensed in this state.
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South Dakota § 58-29E-17 (Placement on a maximum allowable cost list--Requirements--Promulgation of rules.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2023, ch 166, § 15.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.