(1)__Mail service pharmacy;

(2)__Claims processing, retail network management and payment of claims to pharmacies for prescription drugs dispensed to covered individuals;

(3)__Clinical management formulary development and management services;

(4)__Rebate contracting and administration;

(5)__Certain patient compliance, therapeutic intervention and generic substitution programs; and

(6)__Disease management programs.

G.__"Pharmacy benefits manager" means an entity that performs pharmacy benefits management.__"Pharmacy benefits manager" includes a person or entity acting for a pharmacy benefits manager in a contractual or employment relationship in the performance of pharmacy benefits management for a covered entity and includes mail service pharmacy.

2. Required practices.__A pharmacy benefits manager owes a fiduciary duty to a covered entity and covered individuals and shall discharge that duty in accordance with the provisions of ERISA, state and federal law and this section.

A.__A pharmacy benefits manager shall perform its duties with care, skill, prudence and diligence and in accordance with the standards of conduct applicable to a fiduciary in an enterprise of a like character and with like aims.

B.__A pharmacy benefits manager shall discharge its duties with respect to the covered entity and covered individuals solely in the interests of the covered individuals and for the primary purpose of providing benefits to covered individuals and defraying reasonable expenses of administering health plans.

C.__A pharmacy benefits manager shall notify the covered