OAR 836-200-0411: Renewal of Pharmacy Benefit License

(1) All pharmacy benefit manager licenses expire annually on September 1 unless renewed on or before that date. A pharmacy benefit manager must apply for renewal of the license by submitting a renewal application, in form as posted on the department’s Division of Financial Regulation website, to the director of the Department of Consumer and Business Services. The application to renew a license to transact business as a pharmacy benefit manager must include a renewal fee of $1100. (2) 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.