Addresses and defines pharmacy benefit manager practices. Creates enforcement authority by the Insurance Commissioner to suspend or revoke a pharmacy benefit manager's registration and impose fines. Repeals the requirement for the Department of Health to enforce the terms of private contracts pertaining to pharmacy benefit managers. Effective 1/1/2050. (SD2)

Statutes affected:
SB2443: 431R-1, 431S-1, 431S-3, 431S-4, 431S-5
SB2443 SD1: 431R-1, 431S-1, 431S-3, 431S-4, 431S-5, 328-106
SB2443 SD2: 431R-1, 431S-1, 431S-3, 431S-4, 431S-5, 328-106