- (a) A pharmacy benefits manager registration expires on May 1 after its effective date unless it is renewed as provided under this section.
(b) A pharmacy benefits manager may renew its registration for an additional 1-year term if the pharmacy benefits manager otherwise is entitled to be registered and does all of the following:
- (1) Files with the Commissioner a registration renewal application on the form that the Commissioner requires.
- (2) Pays to the Commissioner a $1,000 nonrefundable renewal fee.
- (c) An application for renewal of a pharmacy benefits manager registration is to be considered made in a timely manner if it is postmarked on or before the date the pharmacy benefits manager’s registration expires.
- (d) The Commissioner may require additional information or submissions from a pharmacy benefits manager that may be reasonably necessary to verify the information contained in the registration renewal application.
- (e) Subject to §§ 3355A of this title, the Commissioner shall renew the registration of each pharmacy benefits manager that meets the requirements of this section.
82 Del. Laws, c. 115, § 4; 83 Del. Laws, c. 256, § 10