Common use of Transparency Standards Clause in Contracts

Transparency Standards. (1) The PBM is not majority-owned or majority-controlled by a pharmaceutical manufacturing company. The PBM must disclose to the Carrier and OPM the name of any entity that has a majority ownership interest in or majority control over the PBM.

Appears in 3 contracts

Samples: Federal Employees, Federal Employees, Federal Employees

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Transparency Standards. (1) The PBM is shall not be majority-owned or majority-controlled by a pharmaceutical manufacturing company. The PBM must disclose to the Carrier Buyer and OPM the name of any entity that has a majority ownership interest in or majority control over the PBM.

Appears in 2 contracts

Samples: www.bcbsm.com, www.bcbsm.com

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Transparency Standards. (1) The PBM is not majority-owned or majority-controlled by a pharmaceutical manufacturing company. The PBM must disclose to the Carrier and OPM the name of any entity that has a majority ownership interest in or majority control over the PBM.

Appears in 1 contract

Samples: Purchasing Operations

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