NCPA submitted comments to the National Association of Insurance Commissioners (NAIC) in response to their draft guidelines for PBM licensure. Our comments reiterated elements of our Best Practices for Enforcement of PBM Regulation and emphasized disclosure of PBM vertical ownership and affiliations within licensure requirements.
NCPA will attend the NAIC fall meeting next week where discussion is expected about these guidelines as well as a new draft chapter of the NAIC market conduct manual dedicated to standards for examining PBMs.
NCPA