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Terms Used In Texas Insurance Code 1369.608

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

A health benefit plan issuer or pharmacy benefit manager may not as a condition of a contract with a pharmacist or pharmacy:
(1) require pharmacist or pharmacy accreditation standards or recertification requirements inconsistent with, more stringent than, or in addition to federal and state requirements; or
(2) prohibit a licensed pharmacist or pharmacy from dispensing any drug that may be dispensed under the pharmacist’s or pharmacy’s license unless:
(A) applicable state or federal law prohibits the pharmacist or pharmacy from dispensing the drug; or
(B) the manufacturer of the drug requires that a pharmacist or pharmacy possess one or more accreditations or certifications to dispense the drug and the pharmacist or pharmacy does not meet the requirement.