{"data":{"id":"us-sd/sdcl-58-29e-18","jurisdiction":"us-sd","citation":"SDCL § 58-29E-18","heading":"Duties--Pharmacy benefit manager.","body":"A pharmacy benefit manager shall:\n(1) Provide each pharmacy in a pharmacy network with reasonable access to each maximum allowable cost list to which the pharmacy is subject;\n(2) Update a maximum allowable cost list, within seven calendar days from the date of any increase, at or above ten percent, in the price charged for a prescription drug on the list by one or more wholesale distributors doing business in this state;\n(3) Update the maximum allowable cost list, within seven calendar days from the date of any change in the methodology, or any change in the value of a variable applied in the methodology, on which the maximum allowable cost list is based; and\n(4) Provide a process under which each pharmacy in a pharmacy network may receive prompt notice of any change in a maximum allowable cost list to which the pharmacy is subject.","path":["TITLE 58. INSURANCE","CHAPTER 58-29E. PHARMACY BENEFITS MANAGEMENT"],"source_url":"https://sdlegislature.gov/Statutes/58-29E-18","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"3399526e969d760aa9deba362f9f63e29e404a2ca3ff1674119baa9a8822b697","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-29e-17","next":"us-sd/sdcl-58-29e-19"},"notice":"GroundRules: Original legal text. Not legal advice."}
