Requires a pharmacy benefit manager to pay a participating pharmacy at minimum at the national average drug acquisition cost (NADAC) rate, or at the pharmacy acquisition cost rate if greater or there is not a NADAC rate, plus a professional dispensing fee that is at minimum the professional dispensing fee paid under the state medical assistance program.

Statutes affected:
A5882: 280-a public health law, 280-a(1) public health law, 280-a(3) public health law, 280-a(4) public health law, 2911 insurance law