PHARMACIES: Urges the attorney general and the Louisiana Department of Insurance to investigate pharmacy benefit managers (PBMs) for potential violations of law and to urge and request the legislature to pass legislation prohibiting PBMs from owning or having a financial interest in pharmacies in this state

HR 329 is a resolution (not a binding bill) passed by the Louisiana House urging the Attorney General and Louisiana Department of Insurance to investigate pharmacy benefit managers (PBMs) for potential violations of existing laws. It specifically requests that these agencies examine whether PBMs are violating rules by owning or financially benefiting from pharmacies, which critics argue creates conflicts of interest that disadvantage independent pharmacies. The resolution also urges the Louisiana legislature to pass new laws prohibiting PBMs from owning or having financial interests in pharmacies. This would aim to prevent PBMs from steering patients to their own affiliated pharmacies and ensure fair reimbursement practices for all pharmacies. The resolution highlights concerns about rising drug costs, reduced competition, and threats to rural pharmacy access, referencing similar actions taken by other states.