{"data":{"id":"us-ia/iowa-code-510b.4","jurisdiction":"us-ia","citation":"Iowa Code § 510B.4","heading":"Standards of conduct — good faith — conflict of interest.","body":"1. A pharmacy benefits manager shall exercise good faith and fair dealing in the performance of the pharmacy benefits manager’s contractual obligations toward a third-party payor or a pharmacy.\n2. A pharmacy benefits manager shall notify a health carrier in writing of any activity, policy, practice ownership interest, or affiliation of the pharmacy benefits manager that presents any conflict of interest.\n3. A pharmacy benefits manager shall act in the best interest of each third-party payor for whom the pharmacy benefits manager manages a prescription drug benefit provided by the third-party payor, and shall discharge its duties in accordance with applicable state and federal law.\n4. A pharmacy benefits manager, health carrier, health benefit plan, or third-party payor shall not discriminate against a pharmacy or a pharmacist with respect to participation, referral, reimbursement of a covered service, or indemnification if a pharmacist is acting within the scope of the pharmacist’s license, as permitted under state law, and the pharmacy is operating in compliance with all applicable laws and rules.","path":["Title XIII - COMMERCE (Ch. 505 - 554I)","Chapter 510B - REGULATION OF PHARMACY BENEFITS MANAGERS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/510B.4.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:13Z","sha256":"5ebd356bab290e7037a6824a660c00ccadbd7c89dd287e5eebcc52adf1d51641","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-510b.3","next":"us-ia/iowa-code-510b.4a"},"notice":"GroundRules: Original legal text. Not legal advice."}