![](https://sourceonhealth.wpenginepowered.com/wp-content/uploads/2019/04/SLIHCQ-title-1.png)
N.M. Stat. § 59A-47-45.4. Prescription drugs; prohibited formulary changes; notice requirements: Nonprofit Health Care Plan Law – New Mexico
Status: EnactedYear Enacted: 2013
File: Download
As of January 1, 2014, an individual or group health care plan that is delivered, issued for delivery or renewed in this state and that provides prescription drug benefits categorized or tiered for purposes of cost-sharing through deductibles or coinsurance obligations shall not make any of the following changes to coverage for a prescription drug within one hundred twenty days of any previous change to coverage for that prescription drug, unless a generic version of the prescription drug is available:
Key Issues:
Benefit Design
PHARMACEUTICALS
Biosimilar or Generic Competition
PRICE AND QUALITY TRANSPARENCY
Quality Measure
Pharmacy Benefit Manager (PBM)
Cost-Sharing or Out-of-Pocket Costs
Prior Authorization
HEALTHCARE COSTS
Competition
Drug Formulary
HEALTHCARE MARKETS
Cost Containment
Drug Pricing
Return to Database Search
© 2018- The SLIHCQ Database. Initial funding for this project was provided by the Robert Wood Johnson Foundation. The views expressed here do not necessarily reflect the views of the Foundation.
Associated Litigation:
No items found