S3060 — Requires pharmacy benefit managers to apply for certificate of authority from DBR to operate such a business in this state. Empowers the health insurance commissioner to oversee pharmacy benefit managers and penalize violations.

S3060 — Requires pharmacy benefit managers to apply for certificate of authority from DBR to operate such a business in this state. Empowers the health insurance commissioner to oversee pharmacy benefit managers and penalize violations. · Informed CitizenryThis bill introduces new rules governing how pharmacy benefit managers (PBMs) can operate within Rhode Island. Essentially, it requires any company wishing to act as a PBM—which are organizations…Open in Informed Citizenry