Kansas SB360 enacts the Kansas consumer prescription protection and accountability act, regulating pharmacy benefits managers and requiring auditing.

The Kansas SB360 bill establishes the Kansas consumer prescription protection and accountability act, which regulates pharmacy benefits managers and requires auditing entities to register. Pharmacy benefits managers must obtain a license, adhere to reimbursement rules, and report rebates annually. Auditing entities must register and conduct audits confidentially. The commissioner can examine pharmacy benefits managers and auditing entities, and impose penalties for violations.

Kansas SB360 enacts the Kansas consumer prescription protection and accountability act, regulating pharmacy benefits managers and requiring auditing.

The Kansas SB360 bill establishes the Kansas consumer prescription protection and accountability act, which regulates pharmacy benefits managers and requires auditing entities to register. Pharmacy benefits managers must obtain a license, adhere to reimbursement rules, and report rebates annually. Auditing entities must register and conduct audits confidentially. The commissioner can examine pharmacy benefits managers and auditing entities, and impose penalties for violations.