- (1) Each pharmacy benefit manager conducting business in Oregon must obtain a license to transact business as a pharmacy benefit manager from the Department of Consumer and Business Services. To obtain a license under this rule, an applicant must submit a Pharmacy Benefit Manager Application, in form as posted on the department’s Division of Financial Regulation website.
(2) An application for licensure as a pharmacy benefit manager shall include:
- (a) The name, address and FEIN of the pharmacy benefit manager;
- (b) The names, business addresses and job titles of the principal officers of the pharmacy benefit manager;
- (c) The name, business address, business telephone number, business e-mail address and job title of the officer or employee who should be contacted regarding any pharmacy benefit manager regulatory compliance concerns;
- (d) The business telephone number and business e-mail address where pharmacy benefit manager personnel directly responsible for the processing of appeals may be contacted; and
- (e) Information relevant to a determination of the circumstances listed in ORS 735.533(1).
- (3) A pharmacy benefit manager shall provide the department with written notification of any change to its licensure information not later than 30 days after the date of change.
- (4) The application for licensure as a pharmacy benefit manager must include a fee of $1100.
Statutory/Other Authority
ORS 731.244 & 735.532
Statutes/Other Implemented
ORS 735.530, 735.532 & OL 2024, ch 87
History
ID 6-2025, amend filed 07/29/2025, effective 08/01/2025
ID 42-2024, temporary amend filed 12/23/2024, effective 01/01/2025 through 06/29/2025
ID 16-2017, amend filed 12/28/2017, effective 01/01/2018
ID 12-2014, f. & cert. ef. 7-21-14