Louisiana 2018 2018 Regular Session

Louisiana Senate Bill SB282 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Christine Arbo Peck.
DIGEST
SB 282 Engrossed	2018 Regular Session	Mills
Proposed law requires certain health insurance issuers to notify enrollees that they are subject to an
excess consumer cost burden when they are charged more for a prescription drug than their insurer
pays or would pay after considering drug rebates from the drug manufacturer into the total cost of
the drug.
Proposed law requires certain health insurance issuers to certify to the commissioner of insurance
that they passed on to the consumer at least 50% of the rebates received from drug manufacturers.
Proposed law provides that in making this certification all information given to the commissioner
shall be confidential.
Proposed law provides for enforcement against the pharmacy benefit manager's license for failure
to comply with proposed law. 
Proposed law applies to pharmacy benefit managers participating in the Medicaid program. 
Effective August 1, 2018.
(Amends R.S. 44:4.1(B)(11); adds R.S. 22:976)