Kansas Statutes 40-3821. Citation and applicability of act; licensure required
Terms Used In Kansas Statutes 40-3821
- Act: means the pharmacy benefits manager licensure act. See Kansas Statutes 40-3822
- Commissioner: means the commissioner of insurance of the state of Kansas. See Kansas Statutes 40-3801
- Person: means an individual or a business entity. See Kansas Statutes 40-3801
- Pharmacy benefits manager: includes any person or entity acting in a contractual or employment relationship for a pharmacy benefits manager in the performance of pharmacy benefits management for a covered entity. See Kansas Statutes 40-3822
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
(a) Kan. Stat. Ann. §§ 40-3821 through 40-3828, and amendments thereto, and Kan. Stat. Ann. 2023 Supp. 40-3828a, and amendments thereto, shall be known and may be cited as the pharmacy benefits manager licensure act.
(b) On and after January 1, 2023, a person shall not perform, act or do business in this state as a pharmacy benefits manager unless such person has a valid license issued by the commissioner pursuant to this act.
(c) This act shall apply to any pharmacy benefits manager that provides claims processing services, other prescription drug or device services, or both, to covered persons who are residents of this state.
(d) This act shall not apply to any pharmacy benefits manager that holds a certificate of registration as an administrator pursuant to Kan. Stat. Ann. § 40-3810, and amendments thereto.
(e) A license issued in accordance with the pharmacy benefits manager licensure act shall be nontransferrable.