The Colorado Division of Insurance (DOI) has released the application for Pharmacy Benefit Managers (PBMs) to register with the DOI, pursuant to ยง 10-16-122.1(2.5), C.R.S., a result of legislation passed in 2023 (HB23-1227).
The application may be accessed using the link in the box below.
Pharmacy Benefit Manager (PBM) Registration and Compliance
Per Regulation 4-2-97 "Concerning the Requirements for Pharmacy Benefit Managers to Register in Colorado," each PBM operating in Colorado is required to complete the registration application and pay the filing fee by July 1, 2024, and annually, each year thereafter.
Questions about this process may be sent to the PBM Compliance Team at: dora_pbm_compliance@state.co.us.