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4 sections in this chapter.
Mass. Gen. Laws ch. 176Y, § 1 Definitions
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Section 1. As used in this chapter, the following words shall have the following meanings unless the context clearly requires otherwise: ''Carrier'', as defined in section 1 of chapter 176O. ''Center'', the center for health information and analysis established in chapter 12C. ''…
Mass. Gen. Laws ch. 176Y, § 2 License to establish or operate as pharmacy benefit manager
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Section 2. (a) No person, business or other entity shall establish or operate as a pharmacy benefit manager without obtaining a license from the division pursuant to this section. A license may be granted only when the division is satisfied that the entity possesses the necessary…
Mass. Gen. Laws ch. 176Y, § 3 Examination of affairs of pharmacy benefit manager
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Section 3. (a) The commissioner may make an examination of the affairs of a pharmacy benefit manager when the commissioner deems prudent but not less frequently than once every 3 years. The focus of the examination shall be to ensure that a pharmacy benefit manager is able to mee…
Mass. Gen. Laws ch. 176Y, § 4 Payment to pharmacy benefit consultants or brokers prohibited; conflicts of interest
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Section 4. (a) A pharmacy benefit manager shall not make payments to a pharmacy benefit consultant or broker whose services were obtained by a health benefit plan sponsor to work on the pharmacy benefit bidding or contracting process if the payment constitutes a conflict of inter…
