(b) Any person, firm, association, corporation or other entity that
violates this section shall, in addition to any other penalty provided
by law, be liable for restitution and compensatory damages to any health
plan, pharmacy, covered individual or other person harmed by the
violation and further shall be subject to a penalty not exceeding the
greater of (1) four thousand dollars for the first violation and ten
thousand dollars for each subsequent violation or (2) the aggregate
economic gross receipts attributable to all violations, as determined by
the superintendent at a hearing.
Structure New York Laws
Article 29 - Pharmacy Benefit Managers
2902 - Acting Without a Registration.
2903 - Registration Requirements for Pharmacy Benefit Managers.
2904 - Reporting Requirements for Pharmacy Benefit Managers.
2905 - Acting Without a License.
2906 - Licensing of a Pharmacy Benefit Manager.
2907 - Revocation or Suspension of a Registration or License of a Pharmacy Benefit Manager.
2908 - Penalties for Violations.
2909 - Stay or Suspension of Superintendent's Determination.
2910 - Revoked Registrations or Licenses.
2911 - Additional Obligations.