Jean Krebs

Jean Krebs

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New York Establishes First Pharmacy Benefits Bureau in the Nation as Registration and Annual Reporting Deadlines for Pharmacy...

On May 11, 2022, New York Governor Kathy Hochul announced the creation of the Department of Financial Services’ Pharmacy Benefits Bureau. Governor Hochul noted that the Pharmacy Benefits Bureau is the first of its kind in the...more

5/26/2022  /  Annual Reports , Department of Financial Services , New York , Pharmacy Benefit Manager (PBM) , Reporting Requirements

New York To Require Licensure of Pharmacy Benefit Managers

In an effort to counteract rising prescription drug costs and health insurance premiums, New York Governor Hochul signed S3762/A1396 (the Act) on December 31, 2021. This legislation specifies the registration, licensure, and...more

2/28/2022  /  Department of Financial Services , Licensing Rules , New York , Pharmacy Benefit Manager (PBM) , Public Health , Reporting Requirements
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