Pharmacy Benefits Manager regulation; to substitute "unaffiliated" pharmacy for "independent" pharmacy

This bill updates legal terminology in Alabama's pharmacy benefits manager regulations by replacing the term "independent pharmacy" with "unaffiliated pharmacy." The change directly affects how pharmacies are classified and regulated under state law, specifically within the Banking and Insurance Code sections governing pharmacy benefits managers. The bill defines an "unaffiliated pharmacy" as one that is not affiliated with a pharmacy benefits manager, while maintaining existing definitions for related terms like pharmacy benefits managers and claims processing services. This legislative amendment aims to clarify regulatory language without altering the underlying operational requirements for pharmacies or benefits managers.