In the passage of HB1236, pharmacy benefit managers are expected to begin planning and making necessary administrative and software updates to comply with the new legislation. Upon the date that the Governor signs the new legislation into effect, the Louisiana Department of Insurance (LDI) will permit PBMs (Pharmacy Benefit Managers) a period of fourteen calendars days to update systems and comply with the new provisions.

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Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.