§1660.1. Short title; definitions 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.
‹ Prev All Louisiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.