Nevada § 439B.645 - Pharmacy benefit manager to submit and affirm accuracy of annual report concerning certain drugs; contents of report

Full text of Nevada Nevada Revised Statutes § 439B.645 — Pharmacy benefit manager to submit and affirm accuracy of annual report concerning certain drugs; contents of report, with citation guidance and answers to common questions.

§ 439B.645. Pharmacy benefit manager to submit and affirm accuracy of annual report concerning certain drugs; contents of report

1. On or before April 1 of each year, a pharmacy benefit manager shall submit to the

Department: (a) A report which includes the information prescribed by subsection 2; and (b) A statement signed under penalty of perjury affirming the accuracy of the information

in the report. 2. The report submitted pursuant to paragraph (a) of subsection 1 must include: (a) The current wholesale acquisition cost of each drug included on either or both

of the most current lists compiled by the Department pursuant to paragraphs (a) and

(c) of subsection 1 of NRS 439B.630 and the minimum and maximum wholesale acquisition cost of each such drug during the

immediately preceding year; (b) The total number of units of each drug included on either or both of the most

current lists compiled by the Department pursuant to paragraphs (a) and (c) of subsection

1 of NRS 439B.630 for which the pharmacy benefit manager negotiated directly with the manufacturer

for purchases of the drug for use in in this State during the immediately preceding

calendar year; (c) The number of units of each drug included on either or both of the most current

lists compiled by the Department pursuant to paragraphs (a) and (c) of subsection

1 of NRS 439B.630 for which the pharmacy benefit manager negotiated directly with the manufacturer

during the immediately preceding calendar year for purchases of the drug for use in

this State by: (1) Recipients of Medicare; (2) Recipients of Medicaid; (3) Persons covered by third parties that are governmental entities which are not

described in subparagraph (1) or (2); (4) Persons covered by commercial insurers; and (5) Persons covered by third parties other than those described in subparagraphs (1)

to (4), inclusive; (d) The aggregate amount of the rebates that the pharmacy benefit manager negotiated

with manufacturers during the immediately preceding calendar year for purchases of

prescription drugs included on the most current lists compiled by the Department pursuant

to paragraphs (a) and (c) of subsection 1 of NRS 439B.630 for use in this State, in total for each of those lists and for each drug included

on such a list; (e) The aggregate amount of the rebates described in paragraph (d) that were retained

by the pharmacy benefit manager, in total for each of the most current lists compiled

by the Department pursuant to paragraphs (a) and (c) of subsection 1 of NRS 439B.630 and for each drug included on such a list; (f) The aggregate amount of the rebates described in paragraph (d) that were negotiated

for purchases of prescription drugs for use by persons in each category listed in

paragraph (c), in total for each of the most current lists compiled by the Department

pursuant to paragraphs (a) and (c) of subsection 1 of NRS 439B.630 and for each drug included on such a list; (g) The amount of discounts, dispensing fees or other fees that the pharmacy benefit

manager negotiated with pharmacies, prescription drug networks or pharmacy services

administrative organizations during the immediately preceding calendar year for purchases

of prescription drugs included on the most current lists compiled by the Department

pursuant to paragraphs (a) and (c) of subsection 1 of NRS 439B.630 for use in this State, in total for each list and for each drug included on such

a list; (h) The amount of discounts, dispensing fees or other fees described in paragraph

(g) which were negotiated for purchases of prescription drugs for use by persons in

each category prescribed by paragraph (c), in total for each of the most current lists

compiled by the Department pursuant to paragraphs (a) and (c) of subsection 1 of NRS 439B.630 and for each drug included on such a list; and (i) Any other information prescribed by regulation of the Department.

Source: official Nevada text · Last verified 2026-08-27

Frequently Asked Questions About Nevada § 439B.645

What does Nevada Revised Statutes § 439B.645 cover?

Section 439B.645 ("Pharmacy benefit manager to submit and affirm accuracy of annual report concerning certain drugs; contents of report") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Nevada § 439B.645?

A common citation format is "Nevada Revised Statutes § 439B.645" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Nevada law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.

How does Nevada § 439B.645 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.