Code of Maryland Regulations
Title 14 - INDEPENDENT AGENCIES
Subtitle 01 - PRESCRIPTION DRUG AFFORDABILITY BOARD
Chapter 14.01.02 - Prescription Drug Affordability Fund
Section 14.01.02.03 - Amount of Assessment
Universal Citation: MD Code Reg 14.01.02.03
Current through Register Vol. 51, No. 19, September 20, 2024
A. Entities identified in Health-General Article, 21-2C-11, Annotated Code of Maryland, shall be subject to the following fee schedule:
(1) Manufacturers engaged in wholesale
distribution, as defined in Health Occupations Article, §
12-6C-01,
Annotated Code of Maryland, shall pay an assessment of $1,000;
(2) Wholesale distributors, as defined in
Health Occupations Article, §
12-6C-01,
Annotated Code of Maryland, that distribute prescription drugs shall pay an
assessment of $1,000;
(3) Pharmacy
benefits managers, as defined in Insurance Article, §
15-1601, Annotated Code of
Maryland, shall pay an assessment of $1,000; and
(4) Carriers that provide health benefit
plans, as defined in Health-General Article, §19-132(e), Annotated Code of
Maryland, shall pay an assessment of $1,000.
B. An entity may request to pay the annual assessment in installments by submitting a letter to the Board demonstrating significant financial hardship in paying the assessment in a single payment.
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