When the secretary finds that it is beneficial to the medicaid program and another state program to combine drug pricing negotiations to maximize drug rebates, the secretary may do so.
History: Laws 2002, ch. 105, § 6.
Effective dates. — Laws 2002, ch. 105, § 9 made the act effective July 1, 2002.
Structure New Mexico Statutes
Chapter 27 - Public Assistance
Article 2C - Pharmaceutical Supplemental Rebate
Section 27-2C-1 - Short title.
Section 27-2C-2 - Definitions.
Section 27-2C-3 - Medicaid formulary for prescription drugs.
Section 27-2C-4 - Negotiated drug discounts and rebates.