WY Insurance Memorandum 4.1-2022
Memo regarding documentation of MAC appeals processes and pharmacy audit processes being added to PBM licensing applications
THE STATE OF WYOMING
Mark Gordon
Department of Insurance
Jeffrey P. Rude
Governor
Commissioner
106 E. 6th Ave. ▪ Cheyenne, Wyoming 82002
Administration (307) 777-7401 ▪ Fax (307) 777-2446 ▪ https://doi.wyo.gov/ ▪ Licensing (307) 777-7319 ▪ Consumer Affairs (307) 777-7402
April 26, 2022
New Licensing & Renewal Application Requirements for Pharmacy
Benefit Managers (“PBMs”)
During Wyoming’s 2016 Legislative session, Wyo. Stat. § 26-52-103 and Wyo. Stat. § 26-52-104 were passed,
requiring all PBMs operating in Wyoming to establish a written internal appeal process for PBM audits of
pharmacies and an internal appeal process for resolution of disputed claims under the PBM’s established
Maximum Allowable Cost (MAC) list, respectively. The statute went into effect on July 1, 2016.
In accordance with this statute, the Department has elected, effective July 1, 2022, to begin requiring these
procedures to be disclosed upon initial license application or upon application for license renewal by any PBM
planning to operate in the state of Wyoming. A new field in the application will allow for upload of any
documents related to these internal procedures, which the Department will review for sufficiency under the
referenced statutes. An application will be deemed incomplete without these documents.
Please contact the Department at 307-777-2450 if you have questions or to obtain more information.
Sincerely,
Bryce Hamilton
Senior Policy & Planning Analyst
Wyoming Department of Insurance