Oklahoma SB773 modifies definitions and regulations for pharmacy benefit managers (PBMs), prohibiting certain practices and requiring reporting and.
Oklahoma SB773 amends definitions and regulations for pharmacy benefit managers (PBMs), prohibiting deceptive practices and certain fees. It requires PBMs to report specific data to the Attorney General quarterly and mandates cooperation with investigations. The bill also allows the Attorney General to subpoena records and witnesses, and to levy fines for noncompliance. Effective November 1, 2025.
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