Machine readable report formats are due by June 1, 2027
What the document says“Not later than June 1, 2027, the Secretary shall specify standard, machine-readable formats for pharmacy benefit managers to submit annual reports required under paragraph (1)(C)(i).”
By June 1, 2027 the Secretary must specify standard machine readable formats for the annual reports. The Secretary may implement this by program instruction or otherwise.
What the document actually says“Not later than June 1, 2027, the Secretary shall specify standard, machine-readable formats for pharmacy benefit managers to submit annual reports required under paragraph (1)(C)(i).”
By June 1, 2027 the health chief must set the form these reports take. A computer must be able to read them.
A report that comes as loose pages cannot be searched or added up. A set form makes the data usable.
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