Requires pharmacy benefit managers to apply for a certificate of authority from the department of business regulation to operate such a business in this state. Empowers director of DBR to oversee all pharmacy benefit managers and penalize violations.

Introduced on 3/12/26

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From the Legislature

INSURANCE -- PHARMACY BENEFIT MANAGERS ACT - Requires pharmacy benefit managers to apply for a certificate of authority from the department of business regulation to operate such a business in this state. Empowers director of DBR to oversee all pharmacy benefit managers and penalize violations.

Sponsors

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Democratic CaucusRepublican Caucus

Calendar

Mar 26

12:00 AM

Senate Health and Human Services Hearing