(a) A pharmacy benefit manager may not retaliate against a pharmacist or pharmacy based on the pharmacist’s or pharmacy’s exercise of any right or remedy under this chapter. Retaliation prohibited by this section includes:
(1) terminating or refusing to renew a contract with the pharmacist or pharmacy;
(2) subjecting the pharmacist or pharmacy to increased audits; or
(3) failing to promptly pay the pharmacist or pharmacy any money owed by the pharmacy benefit manager to the pharmacist or pharmacy.
(b) For purposes of this section, a pharmacy benefit manager is not considered to have retaliated against a pharmacist or pharmacy if the pharmacy benefit manager:
(1) takes an action in response to a credible allegation of fraud against the pharmacist or pharmacy; and
(2) provides reasonable notice to the pharmacist or pharmacy of the allegation of fraud and the basis of the allegation before taking the action.