Pharmacy Benefit Managers (PBMs)


PBM Registration

Beginning in 2024, House Bill (HB) 23-1227, required all PBMs operating in Colorado to register with the Division and pay an application fee. Under the law, the Commissioner must establish, by rule, the form and manner for a PBM to register. 

The Division hosted a stakeholder meeting to discuss implementation of recent pharmacy benefit manager (PBM) legislation on September 6, 2023. 

Recording of Sept 6 Public Meeting

Slides from Sept 6 Public Meeting