- A. Pursuant to the requirements of Insurance Article, §15-1628(b), Annotated Code of Maryland, a PBM shall submit to the Commissioner as an informational filing each participating pharmacy contract form and each amendment to a contract form at least 30 days before the contract form or amendment to the contract form is to become effective.
- B. The Commissioner is not required to review the informational filing to evaluate whether a contract form or amendment to a contract form is in violation of Maryland law at the time the informational filing is made.
- C. Unless it is disapproved by the Commissioner, a PBM may use a contract form or amendment to a contract form after it has been filed with the Commissioner and 30 days have passed since the filing was acknowledged by the Commissioner in writing as having been received.
- D. A PBM may not file a contract form or amendment form that has been previously disapproved by the Commissioner.
- E. Nothing in this regulation shortens the time period for notice under Insurance Article, §15-1628(a), Annotated Code of Maryland, which requires a PBM to provide at least 30 working days’ notice before any contract change.
F. The filing shall include a cover letter which includes the following:
- (1) A list of the contract forms and amendment forms included in the submission; and
- (2) A brief description of the purpose of each contract form and amendment form included in the submission.
- G. Each page of a contract or amendment shall be identified by a form number which is unique to that form. This number shall be printed in the lower left-hand corner of the first page, and no other number shall appear in close proximity to the form number.
- H. A filing made under this chapter shall include a signed certification from a responsible officer of the PBM that, to the best of the officer’s knowledge and belief, the contract forms and amendment forms comply with applicable statutes and regulations.
- I. A PBM may not file a contract form or amendment form before the PBM has successfully registered as a PBM with the Commissioner.
Authority: Insurance Article, §§2-109, 12-203(d)(2), 15-1628, and 15-1642, Annotated Code of Maryland
Effective date: Effective March 23, 2020 (47:6 Md. R. 343)
Regulation .02B amended effective February 7, 2022 (49:3 Md. R. 141)
Regulation .03 amended effective February 7, 2022 (49:3 Md. R. 141)
Regulation .04A amended effective February 7, 2022 (49:3 Md. R. 141)
Regulation .05A amended effective February 7, 2022 (49:3 Md. R. 141)