GroundRules
← Search the law
Alaska · Through Alaska Statutes 2025 (34th Legislature, 2025-2026)

AS 21.27.915: Overpayment or underpayment.

Read at publisher ↗
Where this section sits in the code
  1. Title 21. Insurance.
  2. Chapter 27. Producers, Agents, Administrators, Brokers, Adjusters, and Managers.
  3. Article 9. Pharmacy Benefits Managers.

(a) When a pharmacy benefits manager conducts an audit of a pharmacy, the pharmacy benefits manager shall base a finding of overpayment or underpayment by the pharmacy on the actual overpayment or underpayment and not on a projection based on the number of patients served having a similar diagnosis or on the number of similar orders or refills for similar drugs, except as provided in (b) of this section.

(b) A pharmacy benefits manager may resolve a finding of overpayment or underpayment by entering into a settlement agreement with the pharmacy. The settlement agreement

(1) must comply with the requirements of AS 21.36.125; and

(2) may be based on a statistically justifiable projection method.

(c) A pharmacy benefits manager may not include the dispensing fee amount in a finding of an overpayment unless

(1) a prescription was not actually dispensed;

(2) the prescriber denied authorization;

(3) the prescription dispensed was a medication error by the pharmacy; or

(4) the identified overpayment is solely based on an extra dispensing fee.

Collected 2026-09-02T06:17:40Z. Source file · JSON

Browse this collection