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Louisiana · Through 2025 First Extraordinary Session

RS 22:16: Failure to comply with written orders or directives; penalties

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  1. SUBPART C-1. PHARMACY BENEFIT MANAGERS§1863. Definitions

If any insurance company or rating organization fails to comply with a written directive or order issued by the commissioner of insurance pursuant to this Subpart within thirty days of the issuance thereof, the commissioner may levy and receive a fine of up to twenty-five thousand dollars. If a hearing has been requested by the insurance company or rating organization, the penalty shall not be imposed until such time as the division of administrative law makes a finding and issues an order that the penalty is warranted in a proper hearing, held in the manner provided in Chapter 12 of this Title, R.S. 22:2191 et seq.

Collected 2026-09-14T04:53:52Z. Source file · JSON

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