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Michigan Latest To Have PBMs Get Licenses To Operate In State

Associate Hassan Shaikh spoke to Law360 in an article discussing Michigan’s new Pharmacy Benefit Manager (PBM) licensing requirements set to commence in 2024.

Hassan said, “[The PBMs are] aware. They’re acknowledging [states requiring licensing]. And now everyone is working quickly to come up with processes to actually meet those licensure requirements because each state asks for different things.”