N.Y. Ins. Law § 2901

Current through 2024 NY Law Chapter 553
Section 2901 - Definitions

For purposes of this article:

(a) "Controlling person" is any person or other entity who or which directly or indirectly has the power to direct or cause to be directed the management, control or activities of a pharmacy benefit manager.
(b) The terms "covered individual", "health plan ", "pharmacy benefit manager" and "pharmacy benefit management services" have the same meanings as defined by section two hundred eighty-a of the public health law. The superintendent is expressly authorized to interpret these terms as if the definitions were stated within this article.

N.Y. Ins. Law § 2901

Amended by New York Laws 2022, ch. 128,Sec.2, eff. 12/31/2021 and Sec. 5 eff. 2/24/2022.
Added by New York Laws 2021, ch. 828,Sec. 2, eff. 3/31/2022.