SB1500 — Pharmacy benefit managers; prohibiting certain payment from conditioned on certain provisions; prohibiting certain provider from bearing risks; requiring certain payments; establishing accounting requirements; authorizing Attorney General to levy fines. Effective date.

SB1500 — Pharmacy benefit managers; prohibiting certain payment from conditioned on certain provisions; prohibiting certain provider from bearing risks; requiring certain payments; establishing accounting requirements; authorizing Attorney General to levy fines. Effective date. · Informed CitizenrySB1500 amends Oklahoma law to regulate how pharmacy benefits managers (PBMs) and other payors handle payments to pharmacies. The bill prohibits payors from conditioning payments on post-transaction…Open in Informed Citizenry