LOU INS Payment of Pharmacy Claims

Published on: Apr 23, 2025

On Apr. 20, LOU INS proposed regulation on pharmacy claims.

  • LOU INS issued notice of intent to promulgate Regulation 133, adequate payment of pharmacy and pharmacist claims, LOU INS 37:XIII:203 on reimbursement strategies.
  • Proposed Amendments
  • Implements Revised Statutes LOU INS 22:1860.3(E) on pharmacy/pharmacist claims reimbursement at no less than acquisition cost for covered drugs, devices, or services.
  • As per intent of the legislature with basis on Act No. 768 of the 2024 Regular Session and assure full compliance with the applicable statutory provisions.
  • Regulation sets forth payment of a set of minimum payment system design standards for pharmacy benefit manager, pharmacy, and pharmacist reimbursement strategies.
  • Promulgated Rules
  • LOU INS 37:XIII:203:20301 (purpose), Sec. 20303 (scope), Sec. 20305 (definitions).
  • Sec. 20307 (pharmacy benefit manager compliance program), Sec. 20309 (pharmacy benefit manager alternative compliance program), and Sec. 20311 (severability).
  • Consultation
  • Comments on the proposed amendments will be accepted through May 10, 2025.
Regulators
LOU INS
Entity Types
Ins
Reference
LOU SR Vol. 51 No. 4 p. 605, RF Reg 133, 4/20/2025; Citation: *LOU INS* 37:XIII, 22:1860.3;
Functions
Claims/Accelerated Benefits; Compliance; Legal; Reporting
Countries
United States of America
Category
State
N/A
Products
Insurance; Insurance-Health; PBM
Rule Type
Proposed
Regions
Am
Rule Date
Apr 20, 2025
Effective Date
May 10, 2025
Rule ID
251437
Linked to
N/A
Reg. Last Update
Apr 20, 2025
Report Section
US Consumer