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Oklahoma Legislature· HB 4457Placed on General Order

An act relating to pharmacy benefits managers, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1                            STATE OF OKLAHOMA

2                 2nd Session of the 60th Legislature (2026)

3 HOUSE BILL 4457                By: Newton

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6                            AS INTRODUCED

7   An Act relating to pharmacy benefits managers;

    defining terms; regulating pharmacy benefits managers

8   interest in a certain license; providing enforcement;

    providing a limited exception; providing for

9   promulgation of rules by the State Board of Pharmacy;

    allowing for extension of time depending on certain

10  criteria; directing written notice to pharmacy

    license holders in violation; specifying written

11  notice requirements; requiring written notice to

    patients from pharmacy; providing for codification;

12  and providing an effective date.

13

14

15 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

16  SECTION 1.      NEW LAW  A new section of law to be codified

17 in the Oklahoma Statutes as Section 356.10 of Title 59, unless there

18 is created a duplication in numbering, reads as follows:

19  A. As used in this section:

20  1. "License" means a license issued pursuant to Section 353.18

21 of Title 59 and shall include a pharmacy license for a mail-order

22 pharmacy; and

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    Req. No. 14549                                            Page 1
1   2. "Pharmacy benefits manager" means the same as defined in

2 Section 6960 of Title 36 of the Oklahoma Statutes and shall include

3 an entity that:

4   a. is managed by a pharmacy benefits manager or is a

5   subsidiary of a pharmacy benefits manager, or

6   b. has a direct or indirect ownership interest in a

7   pharmacy benefits manager.

8   B. A pharmacy benefits manager shall not acquire direct or

9 indirect interest in, or otherwise hold, directly or indirectly, a

10 license pursuant to Section 353.18 of Title 59 for retail sale of

11 drugs or medicines in this state.

12  C. On and after the effective date of this act, the State Board

13 of Pharmacy shall either revoke or not renew a license of an entity

14 that violates this section.

15  D. Until September 1, 2028, the Board may issue a limited use

16 license for certain rare, orphan, or limited distribution drugs that

17 are otherwise unavailable in the market to a patient or a pharmacy

18 that would otherwise be prohibited pursuant to this section.

19  1. The Board may assess the need for rare, orphan, or limited

20 distribution drugs pursuant to this subsection before revocation or

21 renewal of an existing license for a pharmacy;

22  2. If the assessment made by the Board in paragraph 1 of this

23 subsection determines that a rare, orphan, or limited distribution

24 drug is otherwise unavailable in the market to a patient or pharmacy

    Req. No. 14549                                               Page 2
1 that would otherwise be prohibited in this section, the Board shall

2 convert the license for the prohibited pharmacy to a limited use

3 license for that pharmacy for a period of no less than ninety (90)

4 days; and

5   3. The Board shall promulgate rules to implement the provisions

6 of this subsection. The rules shall establish:

7   a. the process in which a patient, pharmacy, or health

8            care provider may notify the Board of a rare, orphan,

9            or limited distribution drug unavailable in the

10           market,

11  b. the process in which a pharmacy may request a limited

12           use license,

13  c. the timeline in which the Board shall make decisions,

14           and

15  d. the process for emergency determinations due to

16           patient need.

17  E. The Board may extend the use of a license or issue a renewal

18 of a license for a pharmacy that offers same-day patient access for

19 pharmacist services, a prescription for a controlled substance,

20 mental health services, or other critical patient health care

21 services for a period of time as determines by the Board if there is

22 a pending sale of the pharmacy to an eligible buyer.

23  F. This section shall not apply to a pharmacy employer and a

24 pharmacy that:

    Req. No. 14549                                                  Page 3
1   1. Has direct or indirect interest in a pharmacy benefits

2 manager;

3   2. The pharmacy employer is the sole Oklahoma client of the

4 pharmacy benefits manager that the pharmacy employer has a direct or

5 indirect interest in; and

6   3. Exclusively services the employees and dependents of the

7 pharmacy employer while utilizing the affiliated pharmacy benefits

8 manager in this state.

9   SECTION 2.      NEW LAW  A new section of law to be codified

10 in the Oklahoma Statutes as Section 356.11 of Title 59, unless there

11 is created a duplication in numbering, reads as follows:

12  A. The State Board of Pharmacy shall conduct an initial

13 assessment of each active pharmacy license that was issued pursuant

14 to Section 353.18 of Title 59 as of July 1, 2026, and shall send

15 written notice to each pharmacy license holder that the Board

16 reasonably believes will violate Section 2 of this act at least

17 ninety (90) days before January 1, 2027. As used in this

18 subsection, "written notice" means actual notice to the pharmacy

19 license holder via mail or email.

20  B. The written notice required pursuant to subsection A of this

21 section shall include:

22  1. A list of each pharmacy benefits manager that holds a direct

23 or indirect interest in, or otherwise holds, directly or indirectly,

24 a license pursuant to Section 353.18 of Title 59 for the retail sale

    Req. No. 14549                                                  Page 4
1 of drugs or medicines in this state held by the pharmacy license

2 holder;

3   2. A phone number and email address that is monitored by the

4 Board during regular business hours; and

5   3. A list of Oklahoma pharmacies that hold an active license

6 that are not reasonably expected to violate Section 2 of this act as

7 of January 1, 2027. The list shall include:

8          a. the name of the pharmacy,

9          b. the phone number of the pharmacy,

10         c. the physical address of the pharmacy,

11         d. the website of the pharmacy, if known, and

12         e. an email address for the pharmacy, if known.

13  If the Board has a searchable website that includes the

14 information requires in this paragraph, the Board may provide the

15 website information in lieu of the list.

16  C. A pharmacy license holder with written notice from the Board

17 pursuant to subsection A of this section shall provide written

18 notice at least sixty (6) days before January 1, 2027, to each

19 patient and each patient's prescribing health care provider that has

20 used the pharmacy within the previous twelve (12) months that the

21 pharmacy can no longer dispense retail drugs to the patient on or

22 after January 1, 2027. As used in this subsection, "written notice"

23 means actual notice to the patient via mail, email, or through the

24 pharmacy's patient portal. Written notice shall include the

    Req. No. 14549                                                 Page 5
1 information under paragraphs 2 and 3 of subsection B of this section

2 provided by the Board to the pharmacy license holder.

3   SECTION 3. This act shall become effective November 1, 2026.

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5   60-2-14549      TJ  12/10/25

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