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LA SB372
Bill
AI Summary
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Expands the Louisiana Insurance Commissioner's authority to examine books and records of any entity within a pharmacy benefit manager's corporate vertical structure, not just the PBM itself
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Entities subject to examination include insurers, group purchasing organizations, manufacturers, wholesale distributors, special or mail order pharmacies, retail or long-term care pharmacies, and providers
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Retains existing authority allowing the commissioner to examine PBM records to verify accuracy of required annual transparency reports
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Amends R.S. 22:1870(D)(1) with an effective date of August 1, 2026
Legislative Description
Provides relative to pharmacy benefit managers. (8/1/26)
HEALTH/ACC INSURANCE
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Insurance.
3/9/2026