C.R.S. § 10-16-1502: Legislative declaration.

(1) The general assembly declares that the purpose of this part 15 is to:

(a) Prohibit a pharmacy benefit manager or carrier from imposing fees, charge backs, or other adjustments on covered entities or contract pharmacies based on their participation in the 340B drug pricing program;

(b) Prohibit a pharmacy benefit manager or carrier from requiring a claim for a drug to include a modifier to indicate that the drug is a 340B drug unless the claim is for payment, directly or indirectly, by the medicaid program; and

(c) Provide for powers and duties of the commissioner and the division.