Pharmacy Benefits Manager Checklist / Registration Application - Delaware

Pharmacy Benefits Manager Checklist/Registration Application is a legal document that was released by the Delaware Department of Insurance - a government authority operating within Delaware.

FAQ

Q: What is the Pharmacy Benefits Manager (PBM) Checklist/Registration Application?
A: It is an application to register as a Pharmacy Benefits Manager (PBM) in Delaware.

Q: What is a Pharmacy Benefits Manager (PBM)?
A: A Pharmacy Benefits Manager (PBM) is a company that administers prescription drug programs on behalf of health insurance plans.

Q: Who needs to fill out the Pharmacy Benefits Manager Checklist/Registration Application?
A: Any company that wants to operate as a Pharmacy Benefits Manager (PBM) in Delaware needs to fill out this application.

Q: What documents are required to be submitted with the application?
A: The application requires submission of various supporting documents, including financial statements, contracts, and proof of compliance with Delaware laws and regulations.

Q: Is there a fee for submitting the Pharmacy Benefits Manager Checklist/Registration Application?
A: Yes, there is a fee associated with submitting the application. The exact fee amount can be found on the application form.

Q: How long does it take to process the application?
A: The processing time for the application varies. It is recommended to contact the Delaware Division of Professional Regulation for the most up-to-date information.

Q: Can a Pharmacy Benefits Manager (PBM) operate in Delaware without completing this application?
A: No, a company must complete the Pharmacy Benefits Manager Checklist/Registration Application and be approved before operating as a Pharmacy Benefits Manager (PBM) in Delaware.