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    Pennsylvania Insurance Department

    Pharmacy Benefit Managers

    When does the new Pharmacy Benefit Reform Law take effect?

    Pennsylvania's new Act 77 of 2024 - the Pharmacy Benefit Reform Act will impact entities and the public at different times.  A full implementation schedule and additional information about compliance with Act 77 is available on the Pharmacy Benefit Reform Act Laws & Regulations page.​

    Registration Information for PSAOs, PBMs and Auditing Entities​

    Pharmacy Services Administration Organizations (PSAOs)

    When do PSAOs need to comply with Act 77? ​
    ​PSAOs should be making plans immediately to comply with the different provisions in the law.

    •  Registration: To conduct business in Pennsylvania, a PSAO must pay the $500 fee and register with the Department by November 14, 2024. PSAO online registration is available through Sircon. Registration is for a term of two years.
    • Reporting requirements: Beginning November 14, 2024, PSAOs will have an ongoing obligation to report changes in ownership to the Department.  Changes of Ownership may be emailed to the Department's Company Licensing Division at ra-in-companylicense@pa.gov.​

    PBMs & Auditing Entities

    ​​When do PBMs and Auditing Entities need to comply with Act 77? ​
    PBMs and Auditing Entities should be making plans immediately to comply with the different provisions in the law.​

    • ​​​Registration/Renewal: Beginning November 14, 2024, the initial application and renewal fees for a PBM or Auditing entity will increase to $10,000. Online registration/renewal will be available through Sircon begining November 14, 2024​.

    PSAOs, PBMs and Auditing Entities who are not able to register or renew using the online method can contact the Department's Licensing Division by e-mail at ra-in-companylicense@pa.gov or by phone at (717) 787-2735. 

    List of Current Pharmacy Benefit Managers and Auditing Entities

    Currently Registered Pharmacy Benefit Managers and Auditing Entities can be found by visiting the Search for Registered Pharmacy Benefit Managers and Auditing Entities page.​

    Questions?

    If you have questions, please contact the Insurance Department's Company Licensing Division at ra-in-companylicense@pa.gov or (717) 787-2735.​​