New Mexico Statutes

§ 27-2C-3 — Medicaid formulary for prescription drugs

New Mexico·Ch. 27 Public Assistance·Art. 2C Pharmaceutical Supplemental Rebate
A.The department shall develop or implement a formulary or preferred drug list, taking into consideration the clinical efficacy, safety and cost effectiveness of a product.
B.The department shall ensure that the administration or delivery of health care services and products under the medicaid program includes a formulary that will provide medically appropriate drug therapies for patients.
C.The department shall require a prior authorization before a drug not listed on the medicaid program formulary may be dispensed unless otherwise provided pursuant to Subsection C of Section 27-2C-4 NMSA 1978.
D.The department shall ensure that atypical antipsychotic medications are available in the same manner as conventional antipsychotic medications for medicaid patients for the treatment of sever

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Legislative History

Laws 2002, ch. 105, § 3; 2003, ch. 344, § 1.

Nearby Sections

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