Kansas § 40-3828a Denial, revocation or limitation of license

Kansas Statutes

§ 40-3828a — Denial, revocation or limitation of license

Kansas·Ch. 40 INSURANCE·Art. 38 REGULATION AND REGISTRATION OF ADMINISTRATORS

(a)A pharmacy benefits manager's license may be revoked, suspended or limited, the licensee may be censured or placed under probationary conditions or an application for a license or for reinstatement of a license may be denied upon a finding that the:

(1)Applicant or licensee committed fraud or misrepresentation in applying for or securing an original, renewal or reinstated license;

(2)licensee has violated any lawful rule or regulation promulgated by the commissioner or violated any lawful order or directive of the commissioner previously entered by the commissioner;

(3)pharmacy benefits manager has engaged in fraudulent activity that constitutes a violation of state or federal law;

(4)licensee has failed to furnish any information legally requested by the commissioner to the commis

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(a) A pharmacy benefits manager's license may be revoked, suspended or limited, the licensee may be censured or placed under probationary conditions or an application for a license or for reinstatement of a license may be denied upon a finding that the:
(1) Applicant or licensee committed fraud or misrepresentation in applying for or securing an original, renewal or reinstated license;
(2) licensee has violated any lawful rule or regulation promulgated by the commissioner or violated any lawful order or directive of the commissioner previously entered by the commissioner;
(3) pharmacy benefits manager has engaged in fraudulent activity that constitutes a violation of state or federal law;
(4) licensee has failed to furnish any information legally requested by the commissioner to the commissioner or the commissioner's investigators or representatives;
(5) pharmacy benefits manager has been determined by the commissioner to be in violation of or noncompliance with state or federal law; or
(6) pharmacy benefits manager has failed to timely submit a renewal application and the information required under K.S.A. 40-3824, and amendments thereto. In lieu of a denial of a renewal application, the commissioner may permit the pharmacy benefits manager to submit to the commissioner a corrective action plan to correct or cure any deficiencies.
(b) This section shall be a part of and supplemental to the pharmacy benefits manager licensure act.

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