RS 22:1867: Prohibition on spread pricing; effective rate pricing; fees

A. A pharmacy benefit manager is prohibited from conducting or participating in spread pricing in this state.

B. A pharmacy benefit manager is prohibited from using effective rate pricing for a local pharmacy.

C. A health insurance issuer or a pharmacy benefit manager shall not directly or indirectly charge or hold a pharmacist or pharmacy responsible for any fee.

D. Any violation of this Section that is committed or performed with such frequency as to indicate a general business practice shall be subject to the provisions of the Unfair Trade Practices and Consumer Protection Law, R.S. 51:1401 et seq., as provided in R.S. 40:2870(B).