Ohio Code § 3957.12
Ohio Code § 3957.12. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3957.12.
(A) On and after July 1, 2027, no pharmacy benefit manager shall do any of the following: (1) Use plan sponsor funds for any purpose not specifically set forth in writing by the
pharmacy benefit manager; (2) Fail to disclose in written solicitation materials and at least once annually to
contracted plan sponsors any ownership relationship of five per cent or more between
the pharmacy benefit manager and an insurer; (3) Fail to remit insurance premiums within the policy period or within the time agreed
to in writing between the insurer and the pharmacy benefit manager; (4) Fail to disclose in writing the method of collecting and holding a plan sponsor's
funds. (B) This section does not apply to the extent that it conflicts with an agreement that
is not subject to this chapter.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3957.12
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 3957.12?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 3957.12 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 3957.12 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.