Amends South Carolina law to subject examinations of pharmacy benefits managers and pharmacy services administrative organizations to Chapter 13.

The bill amends South Carolina law to subject examinations of pharmacy benefits managers and pharmacy services administrative organizations to the requirements of Chapter 13. It specifies that examinations must occur at least once every five years and that the pharmacy benefits manager or pharmacy services administrative organization must cover the examination costs. The information obtained during these examinations is considered proprietary and confidential, exempt from the South Carolina Freedom of Information Act.

Amends South Carolina law to subject examinations of pharmacy benefits managers and pharmacy services administrative organizations to Chapter 13.

The bill amends South Carolina law to subject examinations of pharmacy benefits managers and pharmacy services administrative organizations to the requirements of Chapter 13. It specifies that examinations must occur at least once every five years and that the pharmacy benefits manager or pharmacy services administrative organization must cover the examination costs. The information obtained during these examinations is considered proprietary and confidential, exempt from the South Carolina Freedom of Information Act.