New York Withdraws Proposed Market Conduct Regulations for PBMs, Adopts Licensure Rules

On October 31, 2023, the New York State Department of Financial Services (DFS) released a notice withdrawing its proposed market conduct rules for pharmacy benefit managers (PBMs). The proposed rules, announced August 16, 2023, would have significantly increased the state’s oversight of PBMs.

Read the full article: New York Withdraws Proposed Market Conduct Regulations for PBMs, Adopts Licensure Rules //

Source: https://www.lexology.com/library/detail.aspx?g=74dc314c-62ac-44c9-8136-0f28cc1ff145

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