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(i)   insurers and nonprofit health service plans that provide coverage for prescription drugs and devices under health insurance policies or contracts that are issued or delivered in the State; and

(ii)   health maintenance organizations that provide coverage for prescription drugs and devices under contracts that are issued or delivered in the State.

(2)   An insurer, nonprofit health service plan, or health maintenance organization that provides coverage for prescription drugs and devices through a pharmacy benefit manager is subject to the requirements of this section.

(b)   An entity subject to this section may not impose a copayment or coinsurance requirement for a covered prescription drug or device that exceeds the retail price of the prescription drug or device.

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Questions & Answers: Insurance

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See also:

Maryland Code > Insurance

U.S. Code Provisions: Insurance

U.S. Code Title 12 > Chapter 13 > Subchapter IX-C - National Insurance Development Program

U.S. Code > Title 15 > Chapter 20 - Regulation Of Insurance

U.S. Code > Title 15 > Chapter 93 - Insurance

U.S. Code > Title 42 > Chapter 25 - Federal Flood Insurance

U.S. Code > Title 42 > Chapter 50 - National Flood Insurance

Federal Regulations: Insurance

CFR > Title 12 > Chapter I > Part 14 - Consumer protection in sales of insurance

CFR > Title 12 > Chapter III > Part 343 - Consumer protection in sales of insurance

CFR > Title 12 > Chapter V > Part 536 - Consumer protection in sales of insurance