Md. Code Ann., Ins. § 15-1608
Recordkeeping requirements
Effective Oct 1, 2008Added by Acts 2008, c. 201, § 1, eff. Oct. 1, 2008; Acts 2008, c. 202, § 1, eff. Oct. 1, 2008.State of Maryland
- (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.
A pharmacy benefits manager shall maintain adequate books and records about each purchaser for which the pharmacy benefits manager provides pharmacy benefits management services:
Added by Acts 2008, c. 201, § 1, eff. Oct. 1, 2008; Acts 2008, c. 202, § 1, eff. Oct. 1, 2008.