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Archive December 2022
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Indiana Department of Insurance Hearing 12.08.2022
On Thursday, December 8th, the Indiana Department of Insurance held a rule hearing regarding proposed rule 760 IAC 5. Darren Covington, IPA Executive Vice President, and Veronica Vernon, IPA President, were able to attend the hearing and provide comments and concerns in benefit of the pharmacies across Indiana. The proposed rule aims to standardize Pharmacy Benefit Manager (PBM) practices across the state of Indiana, such as licensure and financial requirements, application and renewal fees, pharmacy claims audits, maximum allowable cost pricing, annual reporting and penalties for violation. You can read the rule in full here.Read all of Indiana Department of Insurance Hearing 12.08.2022