RS 1660.9 - Duties and responsibilities; nonimposition of liability; rulemaking authority
A. A pharmacy services administrative organization that contracts with a pharmacy to perform any activity related to prescription drug benefits or to act as the pharmacy's agent is obligated to that pharmacy for the duties of care, competence, good faith and fair dealing, and loyalty.
B. A pharmacy services administrative organization is not responsible for any of the activities that are solely within the purview of a pharmacy benefits manager.
C. The commissioner of insurance shall promulgate rules that define the roles and responsibilities solely within the purview of both of the following:
(1) Pharmacy benefits managers.
(2) Pharmacy services administrative organizations.
D. A pharmacy services administrative organization shall notify the contracted pharmacy in writing of any activity, policy, or practice that presents a conflict of interest that interferes with the duties imposed by this Section.
E. A pharmacy services administrative organization shall not engage in any acts, methods, or practices prohibited by Part IV of Chapter 7 of this Title.
Acts 2021, No. 192, §1.