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Committee approves cleanup bill to align licensing language for insurance and PBM administrators
Summary
House Bill 1087, an agency bill to replace outdated references to "certificate of authority" with "license" in producer licensing statutes and to clarify licensing language for pharmacy benefit managers, passed the committee 6-0.
Bismarck — The Senate Human Services Committee voted unanimously to recommend House Bill 1087, a housekeeping measure from the Insurance Department that replaces references to a “certificate of authority” with “license” in the producer-licensing statutes and clarifies registration language for administrators of life, health and pharmacy benefit managers.
Janelle Mittelstedt, division director for…
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