state_legiscan_drain · RI
Requires pharmacy benefit managers to apply for certificate of authority from the office of health insurance commissioner to operate such a business in this state and empowers the commissioner to oversee pharmacy benefit managers and penalize violations.
March 12, 2026
Summary
If enacted, this bill would require pharmacy benefit managers (PBMs) to obtain a certificate of authority from the Rhode Island Office of Health Insurance Commissioner to operate in the state. It would grant the commissioner authority to oversee PBM practices and impose penalties for violations. This affects PBMs, insurers, and pharmacy networks in Rhode Island.
AI-generated summary · Jun 28, 2026. Verify with your compliance counsel before acting.
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Source: https://status.rilegislature.gov/
Common questions
- What does "Requires pharmacy benefit managers to apply for certificate of authority from the office of health insurance commissioner to operate such a business in this state and empowers the commissioner to oversee pharmacy benefit managers and penalize violations." cover?
- If enacted, this bill would require pharmacy benefit managers (PBMs) to obtain a certificate of authority from the Rhode Island Office of Health Insurance…
- When was it published?
- It was published on March 12, 2026.
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