Louisiana HB264: INSURANCE/HEALTH: Provides for transparency and compensation practices relative to pharmacy benefit managers (EN +$90,000 SG EX

What the bill says

An act To amend and reenact R.S. 22:1657.1(A), relative to pharmacy benefit managers; to provide for the utilization of pharmaceutical rebates; to require a pharmacy benefit manager to apply certain rebates in favor of health plan sponsors; and to provide for related matters.

From the introduced text:

AN ACT To amend and reenact R.S. 22:1657.1(A), relative to pharmacy benefit managers; to provide for the utilization of pharmaceutical rebates; to require a pharmacy benefit manager to apply certain rebates in favor of health plan sponsors; and to provide for related matters. Be it enacted by the Legislature of Louisiana: Section 1. R.S. 22:1657.1(A) is hereby amended and reenacted to read as follows: §1657.1. Pharmacy benefit manager rebate transparency report report; rebate utilization A.(1) Each pharmacy benefit manager licensed by the commissioner of insurance shall submit an annual transparency report as a condition of maintaining licensure. (2) Each pharmacy benefit manager licensed by this state shall calculate a covered individual's defined cost-sharing for each prescription drug at the point of sale based on a price that is reduced by at least one hundred percent of all rebates received, or to be received, in connection with dispensing or administering a prescription drug. The cost savings of any rebate exceeding the defined cost-sharing amount shall be passed on to the employer or sponsor of the health plan. * * * Page 1 of CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 25RS-72 ORIGINAL HB NO. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative …

Read the full official text

Sponsors

• Echols, Michael (R, 14) · primary sponsor
• Amedée, Beryl (R, 51)
• Bacala, Tony (R, 59)
• Bagley, Larry (R, 7)
• Bamburg Jr., Dennis (R, 5)
• Bayham Jr., Michael (R, 103)
• Beaullieu IV, Gerald (R, 48)
• Berault, Stephanie (R, 76)
• Billings, Beth (R, 56)
• Boyd, Delisha (D, 102)
• Butler, Rhonda (R, 38)
• Carlson, Josh (R, 43)

Latest actions

1. June 20, 2025: Signed by the Governor. Becomes Act No. 474.
2. June 20, 2025: Effective date: 06/20/2025.
3. June 13, 2025: Sent to the Governor for executive approval.
4. June 12, 2025: Called from the calendar.
5. June 12, 2025: Read by title, roll called, yeas 100, nays 0, Senate amendments concurred in.
6. June 12, 2025: Enrolled and signed by the Speaker of the House.
7. June 12, 2025: Signed by the President of the Senate.
8. June 11, 2025: Rules suspended, called out of its regular order.
9. June 11, 2025: Called from the calendar.
10. June 11, 2025: Read by title, returned to the calendar.

Votes

• House Vote on HB 264, CONCUR IN SENATE AMENDMENTS (#1285) (June 12, 2025): 100 yea, 0 nay, passed
• Senate Vote on HB 264, FINAL PASSAGE (#811) (June 9, 2025): 38 yea, 0 nay, passed
• House Vote on HB 264, FINAL PASSAGE (#600) (May 22, 2025): 86 yea, 0 nay, passed

Common questions

What is HB264?

HB264 is a bill in the Louisiana Legislature (2025 Regular Session): INSURANCE/HEALTH: Provides for transparency and compensation practices relative to pharmacy benefit managers (EN +$90,000 SG EX.

What does HB264 do?

In its own words: An act To amend and reenact R.S. 22:1657.1(A), relative to pharmacy benefit managers; to provide for the utilization of pharmaceutical rebates; to require a pharmacy benefit manager to apply certain rebates in favor of health plan sponsors; and to provide for related matters.

What is the status of HB264?

Chaptered as of June 20, 2025. Latest action: Signed by the Governor. Becomes Act No. 474. (June 20, 2025).

Who sponsored HB264?

Echols, Michael (R, 14), with 11 co-sponsors.

Where is the official record for HB264?

On the Louisiana Legislature website: https://legis.la.gov/legis/BillInfo.aspx?s=25RS&b=HB264