(a) A pharmacy benefits manager shall register with the Commissioner as a pharmacy benefits manager before providing pharmacy benefits management services in this State to a purchaser.
(b) A purchaser may not enter into an agreement or contract with a pharmacy benefits manager that has not registered with the Commissioner.
(c) A pharmacy benefits manager applying for registration shall do all of the following:
(1) File with the Commissioner an application on the form that the Commissioner provides.
(2) Pay to the Commissioner a $150 nonrefundable registration fee.
(d) The Commissioner may require any additional information or submissions from a pharmacy benefits manager that may be reasonably necessary to verify the information contained in the application.
(e) Subject to § 3355A of this title, the Commissioner shall register each pharmacy benefits manager that meets the requirements of this section.
82 Del. Laws, c. 115, § 4.
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