A. The “discount prescription drug program” is created in the authority.
B. To be eligible for the discount prescription drug program, a person shall be a resident of the state.
C. Upon a determination that the person qualifies for the discount prescription drug program, the authority may assess an annual administrative fee not to exceed sixty dollars ($60.00) per year. The authority shall collect the fees, which shall be used by the authority to cover the cost of administering the program.
D. The amount a qualified person pays for a prescription drug shall not exceed the total cost of the dispensing fee plus the contracted discounted price made available to the authority for the prescription drug.
E. The authority shall enroll and provide participants with electronic or other form of membership identification for use by pharmacies for each transaction.
F. The authority shall actively promote membership and benefit information on the discount prescription drug program to seniors and the general public throughout the state.
HISTORY:
Laws 2002, ch. 75, § 2 and Laws 2002 ch. 80, § 2; 2003, ch. 382, § 2; 2006, ch. 26, § 1.
Editor’s notes.
This section by Laws 2002, ch. 75, § 2 and by Laws 2002, ch. 80, § 2 was enacted as part of the Retiree Health Care Act.
Amendment Notes.
The 2006 amendment, effective May 17, 2006, substituted “discount” for “senior” in the section heading and throughout the section; merged former Paragraph B(1) in with Subsection B and deleted former Paragraph B(2) pertaining to the age requirement; and in Subsection D, substituted “the prescription drug” for “this group of seniors”.
Research References and Practice Aids
Cross references.
Fund created, 10-7C-18 NMSA 1978.