LD 1150 – MaineStatus: Enacted
Year Introduced: 2016
AN ACT REGARDING MAXIMUM ALLOWABLE COST PRICING LISTS USED BY PHARMACY BENEFIT MANAGERS: establishes requirements for maximum allowable cost pricing lists used by pharmacy benefit managers and requires pharmacy benefit managers to make disclosures regarding that pricing and methods used to establish that pricing to plan sponsors. It established an appeal process for pharmacies for disputes relating to the maximum allowable cost pricing and provides financial penalties for violations.
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