Section 3957.08
(A) The superintendent of insurance shall provide a renewal notice to each licensee not later than the first day of May each year.
(B) A licensee may renew its pharmacy benefit manager license by applying to the superintendent, in the form and manner prescribed by the superintendent, and paying a renewal fee of three thousand dollars before the date the license expires. A licensee shall not apply for a license renewal more than ninety days before the date the license expires.
(C) In the event that a licensee fails to apply for renewal and pay the renewal fee before the date the license expires, the license shall expire on the expiration date, and the former licensee is not authorized to operate as a pharmacy benefit manager in this state beginning on that date. A person whose license is expired may apply to reinstate the license in the same manner as a license renewal under division (B) of this section, except that the filing fee is one and one-half times the renewal fee under division (B) of this section.
Last updated April 13, 2026 at 11:43 AM
Available Versions of this Section
- June 30, 2026 – Enacted by House Bill 229 - 136th General Assembly [ View June 30, 2026 Version ]