Current through 11/5/2024 election
Section 10-16-1502 - Legislative declaration(1) The general assembly declares that the purpose of this part 15 is to: (a) Prohibit a pharmacy benefit manager or carrier from imposing fees, charge backs, or other adjustments on covered entities or contract pharmacies based on their participation in the 340B drug pricing program;(b) Prohibit a pharmacy benefit manager or carrier from requiring a claim for a drug to include a modifier to indicate that the drug is a 340B drug unless the claim is for payment, directly or indirectly, by the medicaid program; and(c) Provide for powers and duties of the commissioner and the division.Added by 2022 Ch. 312,§1, eff. 8/10/2022. 2022 Ch. 312, was passed without a safety clause. See Colo. Const. art. V, § 1(3).