Unfair or deceptive practices by pharmacy benefits manager

SDCL § 58-33-135, under UNFAIR TRADE PRACTICES.

SDCL § 58-33-135

The following acts or practices by a pharmacy benefits manager are declared to be misleading, deceptive, or unfair: (1) Prohibiting a pharmacist or pharmacy from providing cost-sharing information regarding the amount that a covered individual may pay for a particular prescription drug from a pharmacist or pharmacy; (2) Penalizing a pharmacist or pharmacy for providing cost-sharing information on the amount that a covered individual may pay for a particular prescription drug from a pharmacist or pharmacy; and (3) Committing a discriminatory act, as prohibited in § 58-29E-15 . Source: SL 2018, ch 281 , § 2; SL 2024, ch 203 , § 6, eff. Jan. 1, 2025.