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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) A third party that reimburses a 340B covered entity or contract pharmacy for 340B drugs shall not:
(a) Reimburse the 340B covered entity or contract pharmacy for a pharmacy-dispensed drug at a rate lower than the amount paid for the same drug to pharmacies similar in prescription volume that are not 340B covered entities or contract pharmacies;
(b) Assess any fee, charge back, or other adjustment against the 340B covered entity or contract pharmacy on the basis that the 340B covered entity or contract pharmacy participates in the 340B program;
(c) Restrict access to the third party's pharmacy network for any 340B covered entity or contract pharmacy on the basis that the 340B covered entity or contract pharmacy participates in the 340B program;
(d) Require the 340B covered entity or contract pharmacy to enter into a contract with a specific pharmacy or health coverage plan to participate in the third party's pharmacy network;
(e) Create a restriction or an additional charge on a patient who chooses to receive drugs from a 340B covered entity or contract pharmacy;
(f) Restrict the methods by which a 340B covered entity or contract pharmacy may dispense or deliver 340B drugs;
(g) Refuse to provide reimbursement or coverage for 340B drugs; or
(h) Create any additional requirements or restrictions on a 340B covered entity or contract pharmacy.
(2) Unless a claim is for payment, directly or indirectly, by the medicaid program, a pharmacy benefit manager or any other third party that reimburses a 340B covered entity or contract pharmacy for 340B drugs shall not require a claim for a 340B drug to include:
(a) A modifier to indicate that the drug is a 340B drug; or
(b) Any other method of identifying the claim for a 340B drug.
(3) With respect to a patient eligible to receive 340B drugs, a pharmacy benefit manager or any other third party that makes payment for the drugs shall not discriminate against a 340B covered entity or contract pharmacy in a manner that prevents or interferes with the patient's choice to receive the drugs from the 340B covered entity or contract pharmacy.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 10. Insurance § 10-16-1505. Prohibition on 340B discrimination - last updated January 01, 2025 | https://codes.findlaw.com/co/title-10-insurance/co-rev-st-sect-10-16-1505/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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