Louisiana Revised Statutes 40:2867 – Pharmacy benefit manager; regulation by commissioner of insurance; applicability of the Louisiana Insurance Code
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Terms Used In Louisiana Revised Statutes 40:2867
- Commissioner of insurance: means the Louisiana commissioner of insurance. See Louisiana Revised Statutes 40:2863
- Department of Insurance: means the Louisiana Department of Insurance. See Louisiana Revised Statutes 40:2863
A. Every pharmacy benefit manager that does business in this state shall be licensed as required by the Louisiana Insurance Code.
B. Every pharmacy benefit manager licensed by the commissioner of insurance shall abide by the provisions of the Louisiana Insurance Code and the rules and regulations of the Department of Insurance regarding the pharmacy benefit manager’s business regulated by the commissioner of insurance.
Acts 2019, No. 124, §3, eff. July 1, 2020.