Amendment ID: S2397-3

Amendment 3

Disclosure of conflict of interest

Messrs. Lesser and Tarr, Ms. Gobi, Messrs. Feeney and Timilty move that the proposed new draft be amended in section 38 by inserting at the end thereof the following new paragraph:-

"(i) A pharmacy benefit manager licensed under this section shall notify a health carrier client in writing of any activity, policy, practice contract or arrangement of the pharmacy benefit manager that directly or indirectly presents any conflict of interest with the pharmacy benefit manager’s relationship with or obligation to the health carrier client."