SB38 — An Act relating to the registration and duties of pharmacy benefits managers; relating to procedures, guidelines, and enforcement mechanisms for pharmacy audits; relating to the cost of multi-source generic drugs and insurance reimbursement procedures; relating to the duties of the director of the division of insurance; and providing for an effective date.

SB38 — An Act relating to the registration and duties of pharmacy benefits managers; relating to procedures, guidelines, and enforcement mechanisms for pharmacy audits; relating to the cost of multi-source generic drugs and insurance reimbursement procedures; relating to the duties of the director of the division of insurance; and providing for an effective date. · Informed CitizenryThis bill establishes regulations for pharmacy benefits managers (PBMs) in Alaska, including registration requirements and specific duties. It mandates that PBMs must be registered as third-party a…Open in Informed Citizenry