In Review: Last week, the Legislative Health & Human Services Committee held its final meeting of the year in Santa Fe. Notably, a presentation was made by the Legislative Finance Council on prescription drugs, and an update was provided by
In Review: Last Saturday, the New Mexico Legislature adjourned sine die. The adjournment confirms the defeat of delinking, a ban on steering and spread pricing, and various coverage mandates. PCMA would like to thank all of the members and their
In Review: Last week, multiple bills restricting prior authorization and step therapy moved through committees in both chambers. Despite the state’s current healthcare funding gap of almost $100 million, the legislators approved restricting prior authorization for off-label use of prescriptions
In Review: Last week was the deadline for the introduction of bills and we saw several coverage mandates and restrictions on PBM practices introduced. Senate Bill 503 restricts steering and spread pricing. Other bills extend restrictions on prior authorization and
In Review: Last Thursday, New Mexico’s delinking bill, SB 62, was removed from the Senate Tax, Business, & Transportation Committee’s agenda after the Fiscal Impact Report showed a fiscal impact of almost $170 million to the state’s retiree and public
In Review: Last week saw the introduction of SB 62, the delinking bill endorsed by the Legislative Health & Human Services Committee in the fall. PCMA estimates that the bill would cost the patients and payers of New Mexico over
In Review: Last week, PCMA hosted a virtual meeting with New Mexico House Speaker Javier Martinez (D). The meeting focused on the potential threats we face during the next legislative session and our efforts to educate the House members on
In Review: Last week, a local news station reported that Governor Lujan Grisham (D) signed Senate Bill 135 and House Bill 33. SB 135 restricts how health plans and PBMs use prior authorization and step therapy for the fully insured
In Review: Last week, the New Mexico Legislature adjourned their 30-day budget session after the House passed Senate Bill 135 restricting step therapy and prior authorization in New Mexico’s state plans and the fully insured markets. PCMA submitted a request
Up Next: Last week, the Senate version of the step therapy and prior authorization bills were heard in the first Senate Committee and faced extreme opposition from Senator Martin Hickey (D), as well as opposition from PCMA, our members, health
