Regulation

Regulation  211 CMR 157.00: Licensing and regulation of pharmacy benefit managers (PBMs)

Date: 03/13/2026
Organization: Division of Insurance
Regulatory Authority: MGL c. 176Y, § 2(j)
Official Version: Purchase the official print version

211 CMR 157.00 sets forth rules and procedural requirements which the Commissioner deems necessary to implement the provisions of M.G.L. c. 176Y. A license may be granted only when the Division is satisfied that the entity possesses the necessary organization, background expertise, and financial integrity to supply the services sought to be offered.

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