Goldleaf Surety

  • Bond
    Services
    • Contract Bonds
    • Court/Fidelity Bonds
    • Large Commercial Bonds
    • License/Permit Bonds
    • Private Equity Ownership Bonds
    • Technology/Software Bonds
  • Who
    We Are
  • Why We
    Are Different
  • Forms
    Bond Kits
  • Goldleaf
    Blog
  • Contact
    Us
Home > Goldleaf Surety Blog > Oklahoma Pharmacy Benefit Manager’s Bond Requirements Changing

Oklahoma Pharmacy Benefit Manager’s Bond Requirements Changing

August 7, 2017by Lori Olson

Effective August 31, 2017, the Oklahoma Insurance Department’s statutory dollar amount requirement for the Pharmacy Benefit Manager’s (PBM) Bond will be changing.  This bond is required by the state for all licensed Pharmacy Benefit Managers.  The new requirement for the PBM Bond will be $1 million per occurrence/$5 million aggregate.

A pharmacy benefit manager is a third-party administrator of prescription drug programs.  They generally work with self-insured companies and government programs to help maintain or reduce drug costs.

Goldleaf Surety Services works with several surety companies who are excellent markets for the Pharmacy Benefit Manager’s Bond. If you would like more information on the PBM Bond or need assistance placing this bond for your client, Goldleaf Surety Services’ knowledgeable and experienced staff is available to assist you.

Filed Under: Goldleaf Surety Blog Tagged With: fidelity bond, license bond, Pharmacy Benefit Manager's Bond

Categories

  • Goldleaf Surety Blog
  • Goldleaf Surety Community Involvement Blog

Latest News

Happy Administrative Professionals Day

The Role of a Fiduciary and Fiduciary Bonds

Shamrocks, Horseshoes and the Luck of the Irish

Contract Bonds

Bid Bonds
Performance Bonds
Payment Bonds
Site Improvement Bonds
Subdivision Bonds

Court/Fidelity Bonds

Probate Bonds
Guardianship Bonds
Conservatorship Bonds
Mechanics Lien Bonds
Business Services Bond
Commercial Crime Bonds

Commercial Bonds

Commercial Surety Bonds
Service Contract Bonds
Supply Bonds
Supply and Install Bonds

License/Permit Bonds

Contractor License Bonds
Motor Vehicle Dealer Bonds
DMEPOS Bonds
ERISA Bonds
ICC Broker Bonds
Hard to Place Bonds

Bonds for Private Equity

Bid Bonds
Performance Bonds

Technology/Software Bonds

Technology Bid Bonds
Technology Performance Bonds
Technology Payment Bonds
Software Bid Bonds
Software Performance Bonds
Software Payment Bonds

Copyright © 2021 Goldleaf Financial, LTD. All Rights Reserved | Privacy Policy | Compliance/Disclosure | Sitemap
Developed By Vivid Image | Log in