HRS §431R-4
Annual Report to Insurance Commissioner
Every year, by March 31, prescription drug benefit plans, health benefits plans under chapter 87A, and pharmacy benefit managers must file a report with the insurance commissioner. The report must confirm compliance and fully disclose copayment, reimbursement, and payment details. The commissioner must review the report and, within 90 days, make a summary available to purchasers and participating retail pharmacies.
everyone
The statute, as written — Report to insurance commissioner
(a) No later than March 31 of each calendar year, each prescription drug benefit plan, health benefits plan under chapter 87A, and pharmacy benefit manager shall file with the insurance commissioner, in such form and detail as the insurance commissioner shall prescribe, a report for the preceding calendar year stating that the pharmacy benefit manager or prescription drug benefit plan is in compliance with this chapter. The report shall fully disclose the amount, terms, and conditions relating to copayments, reimbursement options, and other payments associated with a prescription drug benefit plan. (b) The insurance commissioner shall review and examine records supporting the accuracy and completeness of the report and, no later than ninety days after the receipt of the report, shall make available to a purchaser of a prescription drug benefit plan and to any retail community pharmacy participating in a retail pharmacy network under section 431R-2 that provides benefits to beneficiaries of a prescription drug benefit plan a summary of the amount, terms, and conditions relating to copayments, reimbursement options, and other payments associated with a prescription drug benefit plan.
Sections this one refers to
§431R-2 Rules for pharmacies joining a drug plan network
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