Insurance
Consumer Advisory: Rising Insurance Premiums
January 13, 2025
Pharmacy Benefit Managers
Pharmacy Benefit Managers
Under Title 18, Chapter 77, Pharmacy Benefit Managers (PBM’s) providing pharmacy benefit services to health benefit plans require licensure to operate in Vermont. PBM’s currently operating in Vermont must be licensed by January 1, 2026, and application materials should be submitted to the DFR by July 1, 2025. All other PBM’s must receive a license before commencing operation in Vermont.