The New York Pharmacy Benefit Manager license
Pharmacy Benefit Manager
Stands between insurers, drug manufacturers and pharmacies: builds formularies, negotiates rebates, processes claims and runs pharmacy networks.
Course
None
This license has no pre-licensing course route.
Ways in
1
There is no state exam for this license.
Exam
n/a
Not required on any of the routes below.
Every way to qualify
-
Route 1 Apply against the superintendent's minimum standards
No state exam for this license
Insurance Law 2906 sets no examination and no course. What it sets instead is a rulemaking: the superintendent, in consultation with the commissioner of health, establishes minimum standards by regulation, and 2906(b) names the seven subjects they have to reach, from conflicts of interest through pricing models and network contracting to consumer protection. The license runs thirty-six months rather than the two years most New York insurance licenses run, and a renewal has to be filed at least two months before it expires. Public Health Law 280-a governs the same businesses alongside this article.
Read at nysenate.gov on 2026-08-21
New York sets no examination and no course for a pharmacy benefit manager. No national seller prices a product for it.