Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-164 - PHARMACY BENEFIT MANAGERS
Section 482-1-164-.07 - Transitory Provisions
Current through Register Vol. 42, No. 5, February 29, 2024
(1) In order to accommodate the provisions of Section 4 of Alabama Act No. 2021-341 providing a transition from pharmacy benefits managers licensed prior to January 1, 2022, all licensees issued a pharmacy benefits manager license prior to January 1, 2022, must submit a new application for pharmacy benefits manager license in accordance with Rule 482-1-164-.03.
(2) Any pharmacy benefits license issued prior to January 1, 2022, expires in accordance with Section 4 of Alabama Act No. 2021-341 on the earlier of:
(3) The date a new pharmacy benefits manager license is issued April 1, 2022.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-45A-4, 27-45A-5, Act 2021-341, Ala. Act 2019-457.