§ 127470

For purposes of this article:

(a) “Covered drug” means a drug purchased by a covered entity that is subject to the federal pricing requirements set forth in Section 256b of Title 42 of the United States Code.

(b) “Covered entity” means a provider defined as a covered entity in Section 256b of Title 42 of the United States Code.

(c) “Pharmacy benefit manager” has the same meaning as defined in Section 4430 of the Business and Professions Code and includes a wholly or partially owned or controlled subsidiary of a pharmacy benefit manager.

(d) “Specified pharmacy” means a pharmacy owned by, or under contract with, a covered entity that is registered with the 340B discount drug purchasing program to dispense covered drugs on behalf of the covered entity, whether in person or via mail.

(Added by Stats. 2023, Ch. 414, Sec. 1. (SB 786) Effective January 1, 2024.)