LCAR approves DFR rule setting licensing process for pharmacy benefit managers
On April 24 the Legislative Committee on Administrative Rules approved a Department of Financial Regulation proposed rule (Rule 25 P 006) implementing Act 127 (2024) by setting licensing application, renewal and reporting procedures for pharmacy benefit managers operating in Vermont.
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The Legislative Committee on Administrative Rules on April 24, 2025 approved a Department of Financial Regulation proposed rule (Rule 25 P 006) that sets the licensing application, renewal, financial and reporting procedures for pharmacy benefit managers (PBMs) operating in Vermont under Act 127 of 2024.
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