Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-01 - Insurance Division
Chapter 0780-01-95 - Pharmacy Benefits Managers
Section 0780-01-95-.14 - RECORD KEEPING

PBMs shall maintain all records and information necessary to appropriately demonstrate to the Commissioner compliance with all applicable laws and rules, including but not limited to T.C.A. Title 56, Chapter 7, Parts 31 and 32; T.C.A. Title 56, Chapter 8, Part 1; and this chapter. The records maintained pursuant to this rule include, but are not limited to, records regarding a PBM's activities pertaining to each covered entity to which the PBM provides services. PBMs shall maintain all records and information as required under this rule for a period of at least five years or as directed otherwise in writing by the Commissioner.

Authority: T.C.A. § 56-7-3101.