state_legiscan_drain · RI
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.
March 12, 2026
Summary
If enacted, this bill would require pharmacy benefit managers (PBMs) to apply for a certificate of authority from the Rhode Island Department of Business Regulation to operate in the state. It would empower the health insurance commissioner to oversee PBMs and impose penalties for violations, increasing regulatory oversight of PBM practices affecting insurers and consumers.
Source: https://status.rilegislature.gov/
Common questions
- What does "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." cover?
- If enacted, this bill would require pharmacy benefit managers (PBMs) to apply for a certificate of authority from the Rhode Island Department of Business…
- When was it published?
- It was published on March 12, 2026.
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