Ohio Code § 3957.25
Ohio Code § 3957.25. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3957.25.
(A)(1)(a) In each contract between a pharmacy benefit manager and a pharmacy, the pharmacy
shall be given the right to obtain from the pharmacy benefit manager, within ten days
after any request, a current list of the sources used to determine maximum allowable
cost pricing. In each contract between a pharmacy benefit manager and a pharmacy, the pharmacy
benefit manager shall be obligated to update and implement the pricing information
at least every seven days and provide a means by which contracted pharmacies may promptly
review maximum allowable cost pricing updates in an electronic format that is readily
available, accessible, and secure and that can be easily searched. Subject to division (A)(1) of this section, a pharmacy benefit manager shall utilize
the most up-to-date pricing data when calculating drug product reimbursements for
all contracting pharmacies within one business day of any price update or modification. (b) A pharmacy benefit manager shall maintain a written procedure to eliminate products
from the list of drugs subject to maximum allowable cost pricing in a timely manner. The written procedure, and any updates, shall promptly be made available to a pharmacy
upon request. (2) In each contract between a pharmacy benefit manager and a pharmacy, a pharmacy benefit
manager shall be obligated to ensure that all of the following conditions are met
prior to placing a prescription drug on a maximum allowable cost list: (a) The drug is listed as “A” or “B” rated in the most recent version of the United States
food and drug administration's approved drug products with therapeutic equivalence
evaluations, or has an “NR” or “NA” rating or similar rating by nationally recognized
reference. (b) The drug is generally available for purchase by pharmacies in this state from a national
or regional wholesaler and is not obsolete. (3) Each contract between a pharmacy benefit manager and a pharmacy shall include an
electronic process to appeal, investigate, and resolve disputes regarding maximum
allowable cost pricing that includes all of the following: (a) A twenty-one-day limit on the right to appeal following the initial claim; (b) A requirement that the appeal be investigated and resolved within twenty-one days
after the appeal; (c) A telephone number at which the pharmacy may contact the pharmacy benefit manager
to speak to a person responsible for processing appeals; (d) A requirement that a pharmacy benefit manager provide a reason for any appeal denial,
including the national drug code and the identity of the national or regional wholesalers
from whom the drug was generally available for purchase at or below the benchmark
price determined by the pharmacy benefit manager; (e) A requirement that if the appeal is upheld or granted, then the pharmacy benefit
manager shall adjust the drug product reimbursement to the pharmacy's upheld appeal
price; (f) A requirement that a pharmacy benefit manager make an adjustment not later than one
day after the date of determination of the appeal. The adjustment shall be retroactive to the date the appeal was made and shall apply
to all situated pharmacies as determined by the pharmacy benefit manager. This requirement does not prohibit a pharmacy benefit manager from retroactively
adjusting a claim for the appealing pharmacy or for any other similarly situated pharmacies. (B)(1)(a) A pharmacy benefit manager shall disclose to the plan sponsor whether or not the
pharmacy benefit manager uses the same maximum allowable cost list when billing a
plan sponsor as it does when reimbursing a pharmacy. (b) If a pharmacy benefit manager uses multiple maximum allowable cost lists, the pharmacy
benefit manager shall disclose in the aggregate to a plan sponsor any differences
between the amount paid to a pharmacy and the amount charged to a plan sponsor. (2) The disclosures required under division (B)(1) of this section shall be made within
ten days of a pharmacy benefit manager and a plan sponsor signing a contract or on
a quarterly basis. (3)(a) Division (B) of this section does not apply to plans governed by the “Employee Retirement
Income Security Act of 1974,” 29 U.S.C. 1001, et seq. or medicare part D. (b) As used in this division, “ medicare part D ” means the voluntary prescription drug benefit program established under Part D of
Title XVIII of the “Social Security Act,” 42 U.S.C. 1395w-101, et seq. (C) Notwithstanding division (B)(5) of section 3959.01 of the Revised Code , a health insuring corporation or a sickness and accident insurer shall comply with
the requirements of this section and is subject to the penalties under section 3959.12 of the Revised Code if the corporation or insurer is a pharmacy benefit manager, as defined in section 3959.01 of the Revised Code . (D) The superintendent may impose a monetary fine against a licensee if, upon investigation
and after notice and opportunity for hearing in accordance with Chapter 119. of the
Revised Code, the superintendent finds that the licensee has violated any provision
of section 3957.26 of the Revised Code or any rule adopted by the superintendent pursuant to or to implement that section. (E) The superintendent of insurance shall adopt rules as necessary to implement the requirements
of this section.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3957.25
- 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 § 3957.25?
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 § 3957.25 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 § 3957.25 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.