Department of Insurance and Financial Services  
Insurance  
Administrative Rules for Pharmacy Benefit Manager Licensure and Regulation Act  
Rule Set 2023-10 IF  
NOTICE OF PUBLIC HEARING  
Friday, June 9, 2023  
10:00 AM  
First Floor Forum  
Michigan Library & Historical Center, 702 West Kalamazoo Street, Lansing, Michigan 48915  
The Department of Insurance and Financial Services will hold a public hearing to receive public  
comments on proposed changes to the Pharmacy Benefit Manager Licensure and Regulation Act rule  
set.  
The pharmacy benefit manager licensure and regulation act, 2022 PA 11, mandates that the Director of  
the Department of Insurance and Financial Services promulgate rules that are necessary or required to  
implement the act, including rules regarding fines, suspension of licensure, restriction of licensure, and  
revocation of licensure. Consistent with the pharmacy benefit manager licensure and regulation act,  
2022 PA 11, the proposed rules establish the following: the application contents and fee, the license  
renewal schedule and fee, and standards regarding fines, suspension of licensure, restriction of  
licensure, and revocation of licensure.  
By authority conferred on the Director of the Department of Insurance and Financial Services by  
Sections 11 and 13 of the pharmacy benefit manager licensure and registration act, 2022 PA 11, MCL  
550.821 and 550.823.  
The proposed rules will take effect immediately after filing with the Secretary of State. The proposed  
issue of the Michigan Register. Copies of these proposed rules may also be obtained by mail or  
electronic mail at the following email address: EstradaM1@michigan.gov.  
Comments on these proposed rules may be made at the hearing, by mail, or by electronic mail at the  
following addresses until 6/9/2023 at 05:00PM.  
Michele Estrada, Department of Insurance and Financial Services, Office of Research, Rules, and  
Appeals  
Department of Insurance and Financial Services, Office of Research, Rules, and Appeals, P.O. Box  
30220, Lansing, MI 48909-7720  
The public hearing will be conducted in compliance with the 1990 Americans with Disabilities Act. If the  
hearing is held at a physical location, the building will be accessible with handicap parking available.  
Anyone needing assistance to take part in the hearing due to disability may call 517-284-8735 to make  
arrangements.  
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