Approved Accrediation Organization for the Accreditation of Pharmacy Benefits Managers

MARTIN O'MALLEY Governor ANTHONY G. BROWN Lt. Governor [LOGO] INSURANCE ADMINISTRATION RALPH S. TYLER Commissioner BETH SAMMIS Deputy Commissioner 200 St. Paul Place, Suite 2700, Baltimore, Maryland 21202-2272 1-800-492-6116 TTY: 1-800-735-2258 www.mdinsurance.state.md.us # BULLETIN 09-21 Date: August 6, 2009 To: Pharmacy Benefit Managers, Insurers and Nonprofit Health Service Plan and Health Maintenance Organizations Re: Approved Accreditation Organization for the Accreditation of Pharmacy Benefits Managers Pursuant to the requirements set forth in COMAR 31.10.36.03, the Maryland Insurance Administration (MIA) has approved URAC as an accreditation organization for pharmacy benefits managers (PBMs). PBMs accredited by URAC are deemed to meet the requirements for pharmacy and therapeutics committees specified under Insurance Article §§15-1614 and 15-1617, Annotated Code of Maryland. As previously noted in Bulletin 08-25, no purchaser may enter into an agreement with a PBM unless the PBM is registered with the Insurance Commissioner by July 1, 2009. A purchaser includes an insurer, nonprofit health service plan and a health maintenance organization. Any questions regarding this Bulletin should be directed to Chineta Alford, MIA, at (410) 468-2105. Beth Sammis Beth Sammis Deputy Commissioner