1. A. The Attorney General shall have power and authority to examine and investigate the affairs of every pharmacy benefits manager (PBM) engaged in pharmacy benefits management in this state in order to determine whether such entity is in compliance with the Patient's Right to Pharmacy Choice Act.
2. B. All PBM files and records shall be subject to examination by the Attorney General or by duly appointed designees. The Attorney General, authorized employees and examiners shall have access to any of a PBM's files and records that may relate to a particular complaint under investigation or to an inquiry or examination by the Attorney General.
3. C. Every officer, director, employee or agent of the PBM, upon receipt of any inquiry from the Attorney General shall, within twenty (20) days from the date the inquiry is sent, furnish the Attorney General with an adequate response to the inquiry.
4. D. When making an examination under this section, the Attorney General may retain subject matter experts, attorneys, appraisers, independent actuaries, independent certified public accountants or an accounting firm or individual holding a permit to practice public accounting, certified financial examiners or other professionals and specialists as examiners, the cost of which shall be borne by the PBM that is the subject of the examination.

Laws 2019, HB 2632, c. 426, § 8, eff. November 1, 2019; Amended by Laws 2021, HB 2123, c. 472, § 9, emerg. eff. May 11, 2021 (superseded document available); Amended by Laws 2023, HB 1843, c. 293, § 2, eff. November 1, 2023 (superseded document available).