Tex. Government Code § 540.0156
AUDITS OF PHARMACY BENEFIT MANAGERS
Texas · Texas Government Code · Status: effective
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- Citation
- Tex. Government Code § 540.0156, AUDITS OF PHARMACY BENEFIT MANAGERS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/656266
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Full text
To obtain greater assurance about the effectiveness of pharmacy benefit managers' internal controls and compliance with state requirements, the commission shall:
(1) periodically audit each pharmacy benefit manager that contracts with a managed care organization; and
(2) develop, document, and implement a monitoring process to ensure that managed care organizations correct and resolve negative findings reported in performance audits or agreed-upon procedures engagements of pharmacy benefit managers.