New Hampshire Statutes
§ 21-I:96 — Purpose and Intent
New Hampshire·Title I THE STATE AND ITS GOVERNMENT·Ch. 21-I DEPARTMENT OF ADMINISTRATIVE SERVICES·Subdivision Hampshire Prescription Drug Competitive Marketplace
The purpose and intent of this subdivision is to authorize the commissioner of the department of administrative services, with the approval of the governor and the executive council, to establish the New Hampshire prescription drug competitive marketplace in accordance with this subdivision. The objective of this subdivision is to optimize prescription drug savings by the state of New Hampshire through the following:
I.Adoption of a dynamically competitive reverse auction process for the state health plan selection of pharmacy benefit managers (PBM).
II.Ongoing, real-time electronic review and validation of PBM claims invoices as the foundation for reconciling pharmacy bills.
III.Conduct of market checks using technology driven evaluation of the incumbent PBM's prescription drug pricing
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Legislative History
2020, 13:16, eff. July 16, 2020.
Nearby Sections
15
§ 21-I:1
Establishment; General Functions§ 21-I:1-a
Definitions§ 21-I:100
Purpose and Policy§ 21-I:101
Definitions§ 21-I:102
Contracting and Administrative Authority§ 21-I:105
Procurement Process§ 21-I:108
Report and Outreach§ 21-I:109
Rulemaking§ 21-I:11-a
Fund Restrictions; Cash Reserves Prorated