Pharmacy Benefit Manager Last updated 03/17/2026

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Fees

License Fee Description Exemptions
$50.00
None

Description

Individuals or business entities that contract with pharmacies on behalf of an insurer, a third-party administrator or the Oregon Prescription Drug Program (established in ORS 414.312) to process claims, pay pharmacies, or negotiate rebates for prescription drugs or medical supplies.

Duration

1 year

Renewal Information

Pharmacy Benefit Managers renew through the iReg system at https://www4.cbs.state.or.us/exs/ins/ireg/

An e-mail or letter will be sent annually providing instructions for filing.

Duplicate License Requirements

None

Processing Time

Processing Time Description
2-3 Weeks

Prerequisites and Requirements

Prerequisites

None

Required Documentation

None

Examination Information

None

Continuing Education Requirements

None

Bonding Requirements

None

Insurance Requirements

None

Additional Information

Other Information

Contact the DFR Insurance Institutions section for application information at (503) 947-7982 or email web.inscomp@oregon.gov and include the subject line Company Fees, Taxes, and Deposits.

Statutes, Administrative Rules, Ordinances

Other Detail Information

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