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Terms Used In Texas Insurance Code 1369.606

  • Contract: A legal written agreement that becomes binding when signed.

A pharmacist or pharmacy that is a member of a pharmacy services administrative organization that enters into a contract with a health benefit plan issuer or pharmacy benefit manager on the pharmacist’s or pharmacy’s behalf is entitled to receive from the pharmacy services administrative organization a copy of the contract provisions applicable to the pharmacist or pharmacy, including each provision relating to the pharmacist’s or pharmacy’s rights and obligations under the contract.