- A. In this chapter, the following terms have the meanings indicated.
B. Terms Defined.
- (1) “Commissioner” means the Maryland Insurance Commissioner.
- (2) “Contracted pharmacy” means an independent pharmacy in a contract with a pharmacy services administrative organization.
- (3) “Independent pharmacy” has the meaning stated in Insurance Article, §15-2001(b), Annotated Code of Maryland.
- (4) “Noncompliant” means a contract or amendment that is not in compliance with Maryland statutes and regulations.
- (5) “Pharmacy benefits manager (PBM)” has the meaning stated in Insurance Article, §15-1601, Annotated Code of Maryland.
- (6) “Pharmacy services administrative contract” has the meaning stated in Insurance Article, §15-2001(d), Annotated Code of Maryland.
- (7) “Pharmacy services administrative organization” or “PSAO” has the meaning stated in Insurance Article, §15-2001(e), Annotated Code of Maryland.
Authority: Insurance Article, §§2-109, 15-2010, 15-2011, 15-2013, 15-2015, and 15-2016, Annotated Code of Maryland
Effective date: December 26, 2022 (49:26 Md. R. 1081)