Tex. Government Code § 540.0205
CONTRACT CONSIDERATIONS RELATING TO PHARMACY BENEFIT MANAGERS
Texas · Texas Government Code · Status: effective
Cite this
- Citation
- Tex. Government Code § 540.0205, CONTRACT CONSIDERATIONS RELATING TO PHARMACY BENEFIT MANAGERS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/656276
- Permanent ID
ys:prov:656276@1- SHA-256
38b469d6f05f60a3573b676900c253e48cef10da7b5fd2934df47b7c2900aaea
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
In considering approval of a subcontract between a managed care organization and a pharmacy benefit manager to provide Medicaid prescription drug benefits, the commission shall review and consider whether in the preceding three years the pharmacy benefit manager has been:
(1) convicted of:
(A) an offense involving a material misrepresentation or an act of fraud; or
(B) another violation of state or federal criminal law;
(2) adjudicated to have committed a breach of contract; or
(3) assessed a penalty or fine of $500,000 or more in a state or federal administrative proceeding.