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LA SB369
Bill
AI Summary
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Pharmaceutical manufacturers cannot charge state-sponsored insurance plans (including Office of Group Benefits) more than Medicare prices for any drug
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Insurers and pharmacy benefit managers cannot reimburse pharmacies less than Medicare prices for name brand drugs, biosimilars, or generic drugs
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The Insurance Commissioner is authorized to enforce these provisions and promulgate necessary rules and regulations
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Effective January 1, 2027
Legislative Description
Provides for prescription drug pricing. (1/1/27)
PHARMACEUTICALS
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Insurance.
3/9/2026
Committee Referrals
Insurance2/27/2026
Full Bill Text
No bill text available