| 11 | 9 | | 7 |
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| 12 | 10 | | For An Act To Be Entitled 8 |
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| 13 | 11 | | AN ACT TO AMEND THE LAW CONCERNING MAXIMUM ALLOWABLE 9 |
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| 14 | 12 | | COST LISTS RELATING TO PHARMACY SERVICES; TO CLARIFY 10 |
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| 15 | 13 | | THAT A PHARMACY, PHARMACIST, OR BUSINESS PROVIDING 11 |
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| 16 | 14 | | PHARMACY SERVICES MAY PURSUE A PRIVATE RIGHT OF 12 |
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| 17 | 15 | | ACTION FOR VIOLATIONS RELATED TO THE LAWS CONCERNING 13 |
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| 18 | 16 | | MAXIMUM ALLOWABLE COST LISTS; AND FOR OTHER PURPOSES. 14 |
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| 19 | 17 | | 15 |
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| 20 | 18 | | 16 |
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| 21 | 19 | | Subtitle 17 |
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| 22 | 20 | | TO AMEND THE LAW CONCERNING MAXIMUM 18 |
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| 23 | 21 | | ALLOWABLE COST LISTS RELATING TO 19 |
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| 24 | 22 | | PHARMACY SERVICES. 20 |
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| 25 | 23 | | 21 |
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| 26 | 24 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 22 |
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| 27 | 25 | | 23 |
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| 28 | 26 | | SECTION 1. Arkansas Code § 17 -92-507, concerning Maximum Allowable 24 |
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| 29 | 27 | | Cost Lists relating to pharmacy services, is amended to add an additional 25 |
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| 30 | 28 | | subsection to read as follows: 26 |
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| 31 | 29 | | (h)(1) A pharmacy, pharmacist, or business providing pharmacy services 27 |
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| 32 | 30 | | may pursue a private right of action for violations of this section and for 28 |
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| 33 | 31 | | provided remedies, including without limitation compensatory damages, actual 29 |
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| 34 | 32 | | financial losses, and punitive damages under: 30 |
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| 35 | 33 | | (A) The Deceptive Trade Practices Act, § 4 -88-101 et seq.; 31 |
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| 36 | 34 | | (B) The Arkansas Pharmacy Benefits Manager Licensure Act, 32 |
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| 37 | 35 | | § 23-92-501 et seq.; and 33 |
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| 38 | 36 | | (C) The Trade Practices Act, § 23 -66-201 et seq. 34 |
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| 39 | 37 | | (2) In any private cause of action as described in subdivision 35 |
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| 45 | 41 | | providing pharmacy services may recover attorney's fees and all costs 1 |
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| 46 | 42 | | incurred in pursuing the action. 2 |
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| 47 | 43 | | (3) A pharmacy, pharmacist, or business providing pharmacy 3 |
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| 48 | 44 | | services pursuing a violation of this section under the Trade Practices Act, 4 |
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| 49 | 45 | | § 23-66-201 et seq., may recover statutory damages of ten thousand dollars 5 |
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| 50 | 46 | | ($10,000) per violation. 6 |
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