Tex. Ins. Code § 1369.609

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1369.609 - Retaliation Prohibited
(a) A pharmacy benefit manager may not retaliate against a pharmacist or pharmacy based on the pharmacist's or pharmacy's exercise of any right or remedy under this chapter. Retaliation prohibited by this section includes:
(1) terminating or refusing to renew a contract with the pharmacist or pharmacy;
(2) subjecting the pharmacist or pharmacy to increased audits; or
(3) failing to promptly pay the pharmacist or pharmacy any money owed by the pharmacy benefit manager to the pharmacist or pharmacy.
(b) For purposes of this section, a pharmacy benefit manager is not considered to have retaliated against a pharmacist or pharmacy if the pharmacy benefit manager:
(1) takes an action in response to a credible allegation of fraud against the pharmacist or pharmacy; and
(2) provides reasonable notice to the pharmacist or pharmacy of the allegation of fraud and the basis of the allegation before taking the action.

Tex. Ins. Code § 1369.609

Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 768,Sec. 24.001, eff. 9/1/2023.
Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 142,Sec. 1, eff. 9/1/2021.