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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.

May 22, 2026

Summary

If enacted, this bill would require pharmacy benefit managers (PBMs) operating in Rhode Island to obtain a certificate of authority from the Department of Business Regulation (DBR). It would also empower the state health insurance commissioner to oversee PBM operations, enforce compliance, and impose penalties for violations.

AI-generated summary · Jun 14, 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 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) operating in Rhode Island to obtain a certificate of authority from the Department of…
When was it published?
It was published on May 22, 2026.

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