1. A. In this chapter, the following terms have the meanings indicated.

2. B. Terms Defined.

   1. (1) “Accrediting organization” means an entity that accredits a pharmacy benefits manager.
   2. (2) “Applicant” means a pharmacy benefits manager that is applying for a registration from the Commissioner to act as a pharmacy benefits manager in Maryland.
   3. (3) “Commissioner” means the Maryland Insurance Commissioner.
   4. (4) “Pharmacy and therapeutics committee” has the meaning stated in Insurance Article, §15-1601, Annotated Code of Maryland.
   5. (5) “Pharmacy benefits manager” has the meaning stated in Insurance Article, §15-1601, Annotated Code of Maryland.

Authority: Insurance Article, §§2-109, 15-1618, and 15-1619, Annotated Code of Maryland

Effective date: May 4, 2009 (36:9 Md. R. 654)