Enacting the Kansas consumer prescription protection and accountability act and providing for regulation and registration of pharmacy benefits managers.

SB 360 regulates pharmacy audits conducted by pharmacy benefits managers (PBMs) and auditing entities in Kansas. It requires 14 days' written notice before audits, mandates confidential handling of audit data, and sets strict timelines for delivering preliminary (within 60 days) and final reports (within 90 days) to pharmacies. The bill prohibits charging back funds during appeal periods, limits penalties to actual financial harm (not clerical errors), and requires pharmacist consultation for clinical audits. Pharmacies filling over 600 prescriptions weekly must consent to audits during the first five days of a month. This directly affects Kansas pharmacies, PBMs, and auditing firms by standardizing audit procedures and protecting pharmacies from unfair financial adjustments.