Section 533.056 - [Repealed Effective 4/1/2025] Audits of Pharmacy Benefit Managers To obtain greater assurance about the effectiveness of pharmacy benefit managers' internal controls and compliance with state requirements, the commission shall:
(1) periodically audit each pharmacy benefit manager that contracts with a managed care organization; and(2) develop, document, and implement a monitoring process to ensure that managed care organizations correct and resolve negative findings reported in performance audits or agreed-upon procedures engagements of pharmacy benefit managers.Tex. Gov't. Code § 533.056
Repealed by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 769,Sec. 3.01, eff. 4/1/2025.Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 909,Sec. 4, eff. 9/1/2017.