HB919

Louisiana HB919 regulates pharmacy benefit managers by requiring reimbursement of under-reimbursed dispensing fees and prohibiting cost assignments.

Louisiana HB919 mandates that pharmacy benefit managers bear all costs associated with reimbursing under-reimbursed dispensing fees, prohibiting these costs from being assigned to plans, members, pharmacies, or pharmacists. The law also restricts pharmacy benefit managers from operating pharmacies they own or contract with. It imposes penalties for violations and establishes duties for pharmacy benefit managers, including fiduciary responsibilities to beneficiaries and contracted entities. The law includes provisions for transparency reports and retroactive application for certain sections.