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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2014 ENROLLED
SENATE BILL NO. 401
BY SENATOR MILLS
AN ACT1
To enact R.S. 22:1857.1 and 1964(26), relative to pharmacies; to provide with respect to2
third party contracts with pharmacies; to provide for requirements of organizations3
that negotiate with or represent certain pharmacies; to provide for unfair or deceptive4
acts and practices; and to provide for related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 22:1857.1 and 1964(26) are hereby enacted to read as follows: 7
§1857.1. Third party contracts with pharmacies8
A. Notwithstanding any provision of law to the contrary, an organization9
that negotiates with a pharmacy or pharmacies, and an organization that10
represents an independent pharmacy or a group of independent pharmacies,11
shall provide to each pharmacy that the organization represents a copy of any12
new contract, provider agreement, amendment to such contract or agreement,13
or other provider documentation concerning the pharmacy's network14
participation with a third party payor.15
B. In addition to the penalties provided in R.S. 22:1860, any violation of16
the provisions of Subsection A of this Section shall be deemed an unfair or17
deceptive act and practice pursuant to R.S. 22:1961 et seq. and shall be subject18
to the penalties provided therein.19
* * *20
§1964. Methods, acts, and practices which are defined as unfair or deceptive21
The following are declared to be unfair methods of competition and unfair22
or deceptive acts or practices in the business of insurance:23
* * *24
(26) Failure by an organization that negotiates with a pharmacy or25
pharmacies, or an organization that represents an independent pharmacy or a26
group of independent pharmacies, to provide to a pharmacy a contract,27
ACT No. 490 SB NO. 401 ENROLLED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
agreement, or other documentation relative to the pharmacy's network1
participation with a third party payor as required in R.S. 22:1857.1.2
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: