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Current as of January 01, 2025 | Updated by Findlaw Staff
(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 interest, as determined by the commissioner. For purposes of this section, payments from a pharmacy benefit manager to a pharmacy benefit consultant or broker shall include, but not be limited to: (i) shared rebates from pharmaceutical manufacturers; (ii) per prescription fees; (iii) per member fees; (iv) referral fees; (v) bonuses; or (vi) any other financial arrangement the commissioner considers to be a conflict of interest.
(b) The division shall adopt any written policies or procedures or promulgate regulations that the division determines are necessary to implement this section.
Cite this article: FindLaw.com - Massachusetts General Laws Part I. Administration of the Government (Ch. 1-182) Ch. 176Y, § 4 - last updated January 01, 2025 | https://codes.findlaw.com/ma/part-i-administration-of-the-government-ch-1-182/ma-gen-laws-ch-176y-sect-4/
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