Act 82, SB 218. AN ACT to create the "Pharmacy Services and Benefit Managers Regulatory Act," in order to establish the Office of the Regulatory Commissioner of Pharmacy Services and Benefit Managers, Department of Health; set forth its duties, powers, and authorities to supervise and oversee Pharmacy Benefit Managers (PBM), Pharmacy Benefit Administrators (PBA), and any similar entity that contracts services with Pharmacies in Puerto Rico; amend subsections (e) and (g) of Section 30.020 of Chapter 30, known as the "Prompt Payment of Claims to Health Services Providers Act," of Act No. 77 of June 19, 1957, as amended, known as the "Insurance Code of Puerto Rico," in order to include PBMs and PBAs and similar entities in order for them to comply with the payment of claims; add a new subsection (k) to Section 3 and amend subsection (g) of Section 7 of Act No. 77-2013, as amended, known as the "Commonwealth of Puerto Rico Patient Advocate Act," in order to grant this office jurisdiction to address any claims re

Extract

Act 82, SB 218. AN ACT to create the "Pharmacy Services and Benefit Managers Regulatory Act," in order to establish the Office of the Regulatory Commissioner of Pharmacy Services and Benefit Managers, Department of Health; set forth its duties, powers, and authorities to supervise and oversee Pharmacy Benefit Managers (PBM), Pharmacy Benefit Administrators (PBA), and any similar entity that contracts services with Pharmacies in Puerto Rico; amend subsections (e) and (g) of Section 30.020 of Chapter 30, known as the "Prompt Payment of Claims to Health Services Providers Act," of Act No. 77 of June 19, 1957, as amended, known as the "Insurance Code of Puerto Rico," in order to include PBMs and PBAs and similar entities in order for them to comply with the payment of claims; add a new subsection (k) to Section 3 and amend subsection (g) of Section 7 of Act No. 77-2013, as amended, known as the "Commonwealth of Puerto Rico Patient Advocate Act," in order to grant this office jurisdiction to address any claims re

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