HLS 19RS-798 ORIGINAL 2019 Regular Session HOUSE BILL NO. 557 BY REPRESENTATIVE LEBAS Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. PHARMACISTS: Provides relative to pharmacy reimbursement 1 AN ACT 2To amend and reenact R.S. 22:1857, relative to reimbursement paid under certain contracts 3 to pharmacists and pharmacies; to provide relative to items for which reimbursement 4 is paid; and to provide for related matters. 5Be it enacted by the Legislature of Louisiana: 6 Section 1. R.S. 22:1857 is hereby amended and reenacted to read as follows: 7 ยง1857. Prescription drugs, devices, products, and supplies; use of index 8 A. Reimbursement under a contract to a pharmacist or pharmacy for 9 prescription drugs, devices, and other products and supplies that is calculated 10 according to a formula that uses a nationally recognized reference in the pricing 11 calculation shall use the most current nationally recognized reference price or 12 amount in the actual or constructive possession of the health insurance issuer, its 13 agent, or any other party responsible for reimbursement for prescription drugs, 14 devices, and other products and supplies on the date of service shown on the claim. 15 B. Health insurance issuers, their agents, and other parties responsible for 16 reimbursement for prescription drugs, devices, and other products and supplies shall 17 be required to update the nationally recognized reference prices or amounts used for 18 calculation of reimbursement for prescription drugs, devices, and other products and 19 supplies no less than every three business days. Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 19RS-798 ORIGINAL HB NO. 557 1 C. Any health insurance issuer, agent, or other party responsible for 2 reimbursement for prescription drugs, devices, and other products and supplies that 3 does not comply with the requirements of Subsection A or B of this Section shall be 4 subject to the late payment adjustment provisions of R.S. 22:1854(C) to the extent 5 of any amount not paid in accordance with the requirements of this Section. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HB 557 Original 2019 Regular Session LeBas Abstract: Provides relative to reimbursement paid under certain contracts to pharmacists and pharmacies. Present law relative to reimbursement paid under certain contracts to pharmacists and pharmacies. Proposed law retains present law and specifies items for which reimbursement may be paid. (Amends R.S. 22:1857) Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.