Texas Government Code 540.0274 – Pharmacy Benefit Plan: Rebates and Receipt of Confidential Information Prohibited
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Terms Used In Texas Government Code 540.0274
- Contract: A legal written agreement that becomes binding when signed.
A Medicaid managed care organization, for purposes of the organization’s outpatient pharmacy benefit plan required by § 540.0273 in a contract to which this subchapter applies, may not:
(1) negotiate or collect rebates associated with pharmacy products on the vendor drug program formulary; or
(2) receive drug rebate or pricing information that is confidential under Subchapter D, Chapter 549.
Text of section effective on April 01, 2025