Rhode Island Senate Bill 3060: 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.
Rhode Island · 2026 session
What it does
INSURANCE -- PHARMACY BENEFIT MANAGERS ACT - Requires pharmacy benefit managers to apply for a certificate of authority from the department of business regulation to operate such a business in this state. Empowers director of DBR to oversee all pharmacy benefit managers and penalize violations.
Latest action
Senate passed Sub B as amended in concurrence (2026-06-11)
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