Pharmacy Benefit Manager Registration ___________________________________

STATE OF MICHIGAN DEPARTMENT OF INSURANCE AND FINANCIAL SERVICES Bulletin 2023-14-INS In the matter of: Pharmacy Benefit Manager Registration ___________________________________/ Issued and entered this 19th day of April 2023 by Anita G. Fox Director The Pharmacy Benefit Manager Licensure and Regulation Act, 2022 PA 11 (the Act), takes effect January 1, 2024. The Act provides the Director of the Department of Insurance and Financial Services (DIFS) authority to license and regulate Pharmacy Benefit Managers (PBMs). DIFS has initiated a registration procedure for PBMs to indicate their interest in obtaining licensure in Michigan and to receive notifications related to PBM licensure and regulation. While registration is not required, PBMs are strongly encouraged to access and complete the DIFS PBM Registration as soon as possible to ensure they receive timely notifications regarding licensure and other regulatory requirements. Any questions regarding this bulletin should be directed to: Department of Insurance and Financial Services Office of Research, Rules, and Appeals P.O. Box 30220 Lansing, Michigan 48909-7720 Toll Free: (877) 999-6442 /s/ _________________________________________ Anita G. Fox Director