N.Y. Comp. Codes R. & Regs. Tit. 11 § 452.1 - Application
(a) Pursuant to the
authority granted to the superintendent by Public Health Law section
280-a(2)(g) to make regulations defining, limiting, and relating to the duties,
obligations, requirements, and other provisions relating to pharmacy benefit
managers under Public Health Law section 280-a(2), the duties, obligations, and
requirements contained in Public Health Law section 280-a(2)(b), (c), (d), and
(e) shall be applied as set forth in this Part.
(b) Safe Harbor. Each pharmacy benefit
manager shall come into compliance with the provisions of this Part by December
31, 2023, provided, however, that no application for licensure under Insurance
Law section 2906 submitted on or before December 31, 2023 shall be accepted by
the superintendent unless the pharmacy benefit manager certifies that it is in
compliance with the provisions of this Part.
(c) A pharmacy benefit manager may submit the
information and documents requested under this Part electronically to the
health plan to an email address provided by the health plan for purposes of
this Part.
Notes
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