340B In New Mexico

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340B In New Mexico

• Senator Dede Feldman
• New Mexico State Legislature
• 8/5/05

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340 B in New Mexico

• Initial interest 2001 interim
• Aggressive Rx agenda beginning 2002
• Joint Memorial Requesting the Medicaid program
  and other relevant departments to identify all
  avenues to maximize use of the 340B drug
  discount program
• Called for a report to the interim Legislative
  Health Human Services Committee

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340 B in New Mexico

• Medicaid Reform Committee 2002 interim
• Created by statute to identify ways to control
  escalating costs in Medicaid
• Prescription drugs a significant focus
• Statute required the department to make
  reasonable efforts to assist eligible entities to
  enroll in the 340B program, and
• To assure that enrolled entities bill Medicaid at
  the 340B purchase price

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340B in New Mexico

• 2003 Interim again addressed prescription drugs
• Medicaid reform statute not fully implemented
• Interim committee endorsed a mandate re 340B
• H88, introduced in 2004 session, required all
  eligible entities to enroll in the program

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340B in New Mexico Other Initiatives

• Legislative Health Human Services Committee has
  explored extending 340B to prisons
• Greater use in primary care clinics sought
• Use by other departments of state government is
  being encouraged
• Monitoring status and effectiveness in New
  Mexico hospitals, and savings to the Medicaid
  program

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Summary Conclusion

• New Mexico has been very proactive in passing
  prescription drug legislation that will
• 1.) reduce the cost of prescription drugs to
  consumers and
• 2.) reduce the cost of prescription drugs to
  the state
• We are beginning to see very positive results
• We will continue to monitor implementation of
  the statutes, and to pursue extension of this
  valuable program to other parts of state
  government