My business is currently licensed as a Third Party Administrator (TPA). What do I need to do to become licensed as a PBM?

The PBM license application window is October 1, 2020- December 1, 2020. Detailed instructions for PBM licensure is available on the PBM webpage on the South Carolina Department of Insurance website. PBM licenses will become effective on January 1, 2021.

Show All Answers

1. What is a pharmacy benefits manager?
2. What does the new South Carolina law do?
3. Will the Department promulgate new regulations?
4. My business is currently licensed as a Third Party Administrator (TPA). What do I need to do to become licensed as a PBM?
5. What happens if a PBM does not have a PBM license by January 1, 2021?
6. Is completion of the PBM Application Requirements Checklist required for PBM licensure?
7. How do I apply for a PBM license?
8. What happens when all requirements for PBM licensure are met?
9. Does a PBM need a TPA license in addition to a PBM license?
10. How can a PBM submit a name/address change?
11. How can I file a complaint with the Office of PBM Oversight?