Requests the Department of Economic Development to study the economic impact on pharmacies owned and operated by Louisiana citizens due to the use of out-of-state pharmacy benefit management companies by the state and its political subdivisions.
Impact
The resolution highlights the significant role that local pharmacies play in the economy of Louisiana, noting that over 1,200 such pharmacies contribute to local employment and community health. By prioritizing out-of-state management companies, the state may inadvertently undermine local health providers in favor of external entities. The proposed study seeks to draw attention to these economic dynamics and assess the potential ramifications on local pharmacy operations.
Summary
Senate Resolution No. 112, introduced by Senator Mills, urges the Louisiana Department of Economic Development to examine the economic impact on pharmacies owned and operated by Louisiana citizens due to the increasing reliance on out-of-state pharmacy management companies. This resolution arises from concerns that state and local health plans favor these out-of-state companies over locally owned pharmacies, which could negatively impact local businesses and job availability within the state.
Sentiment
The general sentiment surrounding SR112 appears to be protective of local businesses and healthcare practices. Supporters of the resolution stress the necessity of maintaining face-to-face relationships between patients and pharmacists, suggesting that these interactions lead to better health outcomes and cost savings. There is also an implied concern that the preference for external companies may erode the foundation of local pharmacy stewardship and service.
Contention
While the resolution is primarily a request for study rather than legislative action leading to immediate changes, it underscores potential tensions between advocating for local businesses and accommodating broader healthcare management strategies that might prioritize cost efficiency over local service. Stakeholders may debate the extent to which out-of-state pharmacy management should be limited in favor of strengthening local operations, pointing to a crucial ongoing discussion about community health resources and local economic sustainability.
Urges and requests the Dept. of Economic Development to study the economic impact of the legislature authorizing a tax credit for certain barge line, towing, and water transportation companies
Urges and requests the Dept. of Economic Development to study the economic impact of the legislature authorizing a tax credit for certain barge line, towing, and water transportation companies
Requests the Department of Health and Hospitals, the Louisiana State Board of Medical Examiners, and the Louisiana State Board of Pharmacy to study certain aspects of the administration of certain immunizations.
Requests the House Ways and Means Committee to study the impact of pharmacy benefit management contracts on the collection and payment of local sales and use tax on prescription drugs and pharmacist services