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OR HB2252
Bill
Status
6/27/2025
Primary Sponsor
Kimberly Wallan
Click for details
AI Summary
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Pharmacy benefit managers (PBMs) seeking licensure in Oregon must demonstrate to the Director of the Department of Consumer and Business Services that they are not owned or operated by an insurer or an insurer's affiliate
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"Affiliate" is defined as a person that controls, is controlled by, or is under common control with another person
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The independence requirement applies to both initial license applications and annual license renewals
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The renewal demonstration requirement becomes operative on January 1, 2031
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Amends ORS 735.532 governing PBM registration and licensing requirements
Legislative Description
Relating to conditions that apply to registration as a pharmacy benefit manager.
Last Action
In committee upon adjournment.
6/27/2025