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Code · Louisiana · Title 22 — Insurance

RS 22:1867

133 words·~1 min read·/la/title-22/22-2458

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RS 22:1867
§1867. Prohibition on spread pricing; effective rate pricing; fees
A. A pharmacy benefit manager is prohibited from conducting or participating in spread pricing in this state.
B. A pharmacy benefit manager is prohibited from using effective rate pricing for a local pharmacy.
C. A health insurance issuer or a pharmacy benefit manager shall not directly or indirectly charge or hold a pharmacist or pharmacy responsible for any fee.
D. Any violation of this Section that is committed or performed with such frequency as to indicate a general business practice shall be subject to the provisions of the Unfair Trade Practices and Consumer Protection Law, R.S. 51:1401 et seq., as provided in R.S. 40:2870(B).
Acts 2019, No. 124, §1, eff. July 1, 2020; Acts 2025, No. 474, §1, eff. June 20, 2025.
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