2014 Oklahoma Statutes
Title 15. Contracts
§15-788. Reimbursement rate - Right to participate in third party prescription program.

15 OK Stat § 15-788 (2014) What's This?

A. No agreement between a program administrator and a pharmacy shall establish reimbursement rates or procedures that result in the reimbursement for goods or services relating to persons covered by the plan which are less than the prevailing rates paid by ordinary consumers for the same or similar legend or nonlegend drugs and pharmaceutical services.

B. The reimbursement rate shall be limited to the maximum of the ninetieth percentile of the range of prevailing rates charged by Oklahoma pharmacies, and shall be determined each year.

C. No third party prescription program administrator shall deny any pharmacy the opportunity to participate in any third party prescription program offered in this state in a manner which will restrain the right of a consumer to select a pharmacy.

Added by Laws 1983, c. 258, § 8, operative July 1, 1983.

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