40-3821. Citation and applicability of act; licensure required. (a) K.S.A. 40-3821 through 40-3828, and amendments thereto, and K.S.A. 2023 Supp. 40-3828a, and amendments thereto, shall be known and may be cited as the pharmacy benefits manager licensure act.

(b) On and after January 1, 2023, a person shall not perform, act or do business in this state as a pharmacy benefits manager unless such person has a valid license issued by the commissioner pursuant to this act.

(c) This act shall apply to any pharmacy benefits manager that provides claims processing services, other prescription drug or device services, or both, to covered persons who are residents of this state.

(d) This act shall not apply to any pharmacy benefits manager that holds a certificate of registration as an administrator pursuant to K.S.A. 40-3810, and amendments thereto.

(e) A license issued in accordance with the pharmacy benefits manager licensure act shall be nontransferrable.

History: L. 2006, ch. 154, § 1; L. 2022, ch. 44, § 2; July 1.