2023 Arizona Legislative Session
Sponsors: Senator Shamp
Pharmacy Benefit Managers, Certificate Requirements
Pharmacy Benefit Managers: Certification and Enforcement
The new law would create a foundation for oversight of PBMs, which currently operate in our state without any requirements for licensure or certification, making enforcement of existing laws difficult.
The Department of Insurance and Financial Institutions (DIFI) would have authority over PBMs operating in Arizona once the new law takes effect.