Iowa Code 510B.7 – Pharmacy networks
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Iowa Code 510B.7
- network: means pharmacies that have contracted with a pharmacy benefits manager to dispense or sell prescription drugs to covered persons of a health benefit plan for which the pharmacy benefits manager manages the prescription drug benefit. See Iowa Code 510B.1
- Pharmacist: means the same as defined in section 155A. See Iowa Code 510B.1
- Pharmacy: means the same as defined in section 155A. See Iowa Code 510B.1
- Pharmacy benefits manager: means a person who, pursuant to a contract or other relationship with a third-party payor, either directly or through an intermediary, manages a prescription drug benefit provided by the third-party payor. See Iowa Code 510B.1
A pharmacy benefits manager shall not assess, charge, or collect any form of remuneration that passes from a pharmacy or a pharmacist in a pharmacy network to the pharmacy benefits manager including but not limited to claim processing fees, performance-based fees, network participation fees, or accreditation fees.