AZ SB1382

Pharmacy benefit managers must apply for, obtain, and maintain a biennial, nontransferable certificate of authority to operate in Arizona.

Certificate applicants must submit a completed application form with organizational documents, identification of responsible individuals, service agent information, business descriptions, and confirmation of compliance with state laws.

The director must review applications within 90 days and issue certificates if applicants are qualified; applicants denied certification have 60 days to remedy stated deficiencies.

The director may deny, suspend, or revoke certificates for violations of state law, failure to cooperate with examinations, criminal convictions of management, or previous license revocation in other states.

Pharmacy benefit managers must retain records according to director-established schedules with a minimum 10-year retention period, and all department records are confidential and exempt from public records disclosure.