HEALTH/ACC INSURANCE: Provides relative to pharmacy benefit managers. (8/1/26)

SB 372 expands the Louisiana Insurance Commissioner's authority to examine pharmacy benefit manager (PBM) financial records. It allows the commissioner to access detailed payment data between insurers, PBMs, and pharmacies to verify the accuracy of required transparency reports. The bill specifically authorizes review of individual drug payment amounts paid by insurers to PBMs and by PBMs to pharmacies. This directly affects PBMs, insurers, and pharmacies by increasing oversight of their financial transactions. The law aims to improve transparency in how PBMs handle drug payments within the insurance system.