Louisiana § 22:1867 Prohibition on spread pricing; effective rate pricing; fees

Louisiana Statutes

§ 22:1867 — Prohibition on spread pricing; effective rate pricing; fees

Louisiana·Title 22 Insurance

§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).

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§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).

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