Minnesota Administrative Rules
Agency 120 - Commerce Department
Chapter 2737
Part 2737.0700 - ENFORCEMENT BY COMMISSIONER
Current through Register Vol. 49, No. 13, September 23, 2024
Subpart 1. Acting without a license.
If a pharmacy benefit manager acts without a license, the pharmacy benefit manager may be subject to a fine of up to $5,000 per day for the period the pharmacy benefit manager is found to be in violation. The commissioner must consider timeliness of responses, content of responses, and progress toward licensure when assessing fines.
Subp. 2. Basis for suspension, revocation, or probation.
The commissioner may consider the following when suspending, revoking, or placing a pharmacy benefit manager license on probation:
Subp. 3. Notice.
The commissioner must provide a 30-day notice before suspending, revoking, or placing a pharmacy benefit manager license on probation. If the pharmacy benefit manager demonstrates remedy or good faith progress toward remediation before the 30-day notice period expires, the commissioner may approve the license, reduce the enforcement action to probation, or provide an extended timeline for probation and remediation.