§ 15-1608. Books and records.

MD Ins Code § 15-1608 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

A pharmacy benefits manager shall maintain adequate books and records about each purchaser for which the pharmacy benefits manager provides pharmacy benefits management services:

(1)    in accordance with prudent standards of record keeping;

(2)    for the duration of the agreement between the pharmacy benefits manager and the purchaser; and

(3)    for 3 years after the pharmacy benefits manager ceases to provide pharmacy benefits management services for the purchaser.