Oklahoma legislation · 2026 Regular Session
Oklahoma SB789: Pharmacy benefit managers; permitting use of certain records without limitations of date or source for certain purposes; establishing certain reimbursement rates for certain drugs. Effective date.
Status: Chaptered, May 28, 2025
What the bill says
An Act relating to professions and occupations; amending 59 O.S. 2021, Sections 356.2, as amended by Section 2, Chapter 332, O.S.L. 2024, 357, as amended by Section 4, Chapter 332, O.S.L. 2024, and 360, as amended by Section 6, Chapter 332, O.S.L. 2024 (59 O.S. Supp. 2024, Sections 356.2, 357, and 360), which relate to pharmacy audits, definitions, and pharmacy benefit managers; modifying provisions related to audit requirements; prescribing requirements related to certain leases; restricting combination of certain plans; prohibiting effective rate contracting…
From the enrolled text, May 21, 2025:
An Act relating to professions and occupations; amending 59 O.S. 2021, Sections 356.2, as amended by Section 2, Chapter 332, O.S.L. 2024, 357, as amended by Section 4, Chapter 332, O.S.L. 2024, and 360, as amended by Section 6, Chapter 332, O.S.L. 2024 (59 O.S. Supp. 2024, Sections 356.2, 357, and 360), which relate to pharmacy audits, definitions, and pharmacy benefit managers; modifying provisions related to audit requirements; prescribing requirements related to certain leases; restricting combination of certain plans; prohibiting effective rate contracting; prohibiting waiver, voiding, or nullification pursuant to contract; and providing an effective date. SUBJECT: Pharmacy benefit managers SECTION 1. AMENDATORY 59 O.S. 2021, Section 356.2, as amended by Section 2, Chapter 332, O.S.L. 2024 (59 O.S. Supp. 2024, Section 356.2), is amended to read as follows: Section 356.2. A. The entity conducting an audit of a pharmacy shall: 1. Identify and specifically describe the audit and appeal procedures in the pharmacy contract. Prescription claim documentation and record-keeping requirements shall not exceed the requirements set forth by the Oklahoma Pharmacy Act or other applicable state or federal laws or regulations; 2. Give the pharmacy written notice by certified letter to the pharmacy and the pharmacy's contracting agent, including identification of specific prescription numbers and fill dates to be audited, at least fourteen (14) calendar days prior to conducting …