La. Rev. Stat. § 22:1660.1
Short title; definitions
Louisiana · Louisiana Revised Statutes Title 22 — Insurance · Status: effective
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- La. Rev. Stat. § 22:1660.1, Short title; definitions, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2705351
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A. This Part may be cited as the "Louisiana Pharmacy Services Administrative Organization Licensing Act".
B. As used in this Part, the following definitions apply:
(1) "Pharmacy services administrative organization" means an entity that provides a contracted pharmacy with administrative, contracting, or payment services relating to prescription drug benefits.
(2) "Pharmacy services administrative organization contract" means a contractual agreement between a pharmacy services administrative organization and a pharmacy under which a pharmacy services administrative organization agrees to negotiate with pharmacy benefit managers or third-party payers on behalf of one or more pharmacies.