{"data":{"id":"us-nc/n.c.-gen.-stat.-58-56b-15","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-56B-15","heading":"(Effective October 1, 2026) Contract requirements.","body":"(a)\tNegotiated Terms. - A PSAO-pharmacy contract shall include a requirement that the PSAO provide to the pharmacy a copy of any contract, amendment, payment schedule, or reimbursement rate within 10 calendar days after the execution of, or amendment to, a contract that the PSAO has signed on behalf of the independent pharmacy.\n(b)\tUpdates to Required Disclosures. - A contract between a PSAO and an independent pharmacy, PBM, or third-party payer shall include the requirement that the PSAO update disclosures in accordance with G.S. 58-56B-10(d).\n(c)\tProhibition on Certain Purchase Requirements. - A PSAO shall not require a pharmacy to purchase specific amounts of prescription drugs, whether generic or brand name, in order to access discounts.\n(d)\tAudits. - If a PSAO-pharmacy contract grants a PBM the right or obligation to conduct audits of an independent pharmacy, then that PSAO-pharmacy contract is required to contain language that permits the PBM to obtain information from the PSAO in connection with the PBM's audit of that independent pharmacy.\n(e)\tTimely Transmission of Remittance. - A PSAO-pharmacy contract shall provide that all remittances for claims submitted to the PSAO by a PBM or third-party payer on behalf of the independent pharmacy shall be passed through by the PSAO to the pharmacy within a reasonable amount of time after receipt of the remittance by the PSAO from a PBM or third-party payer. The reasonable amount of time required under this section shall be established in the PSAO-pharmacy contract. (2025-69, s. 2.1.)","path":["Chapter 58. Insurance.","Article 56B. Pharmacy Services Administrative Organizations."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-56B-15.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"3ca05af0b7a2e5396f3cec46e7b516f99230fd5392a32031202f27bb5a4ebecc","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-56b-10","next":"us-nc/n.c.-gen.-stat.-58-56b-20"},"notice":"GroundRules: Original legal text. Not legal advice."}