2003 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Governor Warner
Preferred Drug List Language (language only)

Item 325 #1g

Item 325 #1g

Health And Human Resources
Medical Assistance Services, Department of

Page 323, line 5, strike "shall" and insert "may".
Page 323, line 6, strike "will" and insert "may".
Page 323, line 9, after "authorization." insert:
"Such preferred drug list program shall generate savings as determined by the Department that are net of any administrative expenses to implement and administer the program of not less than $9,000,000 general fund in state fiscal year 2004 and not less than $18,000,000 general fund in each fiscal year thereafter.  The final design of the program, including all operational components, must be completed not later than May 1, 2003."
Page 323, line 10, strike "consider input from" and insert "consult with".
Page 323, line 11, strike "the pharmacy community and".
Page 323, line 11, after "parties" strike "." and insert:
", including but not limited to, physicians, pharmacists, pharmaceutical manufacturers, and patient advocates."

(This amendment allows the Department of Medical Assistance Services more options in working with the pharmaceutical industry and other interested parties to achieve preferred drug list savings. In addition, it sets a minimum general fund savings limit for each fiscal year and establishes a deadline for the final design of the program.)