Oregon Alternative Insurance
ORS 735.532
Registration of pharmacy benefit managers; fees; rules


(1)

To conduct business in this state, a pharmacy benefit manager must register with the Department of Consumer and Business Services and annually renew the registration.

(2)

To register under this section, a pharmacy benefit manager must:

(a)

Submit an application to the department on a form prescribed by the department by rule.

(b)

Pay a registration fee in an amount adopted by the department by rule.

(3)

To renew a registration under this section, a pharmacy benefit manager must pay a renewal fee in an amount adopted by the department by rule.

(4)

The department shall deposit all moneys collected under this section into the Consumer and Business Services Fund created in ORS 705.145 (Consumer and Business Services Fund).

(5)

Any fee adopted by the department under this section must be based on the department’s reasonable costs in administering ORS 735.530 (Definitions for ORS 735.530 to 735.552) to 735.552 (Pharmacy claims audits). [2013 c.570 §3; 2017 c.73 §3]
Note: See second note under 735.530 (Definitions for ORS 735.530 to 735.552).
Source
Last accessed
May. 15, 2020