SANTA FE – The New Mexico Health Care Authority today issued a request for proposals (RFPs) for pharmaceutical benefits management services that could lower prescription drug costs for more than 168,000 SANTA FE – The New Mexico Health Care Authority today issued a request for proposals (RFPs) for pharmaceutical benefits management services that could lower prescription drug costs for more than 168,000 public employees and their families statewide, with proposals due November 3.
“By joining with our IBAC partners, the State of New Mexico is leveraging its purchasing power to deliver pharmacy benefits that are transparent, affordable, and member-centered,” said Alex Castillo Smith, Health Care Authority Deputy Cabinet Secretary. “Together, we are negotiating from a position of strength to drive down costs, improve service, and support community pharmacies across New Mexico. This is about using the power of collaboration to deliver better results for the people we serve, and we’re looking for partners committed to this vision.”
These procurements is part of Health Care Authority’s (HCA) continued reforms to ensure that members receive high-quality, affordable health care that meets their needs.
Selected vendors will be expected to improve member experience, deliver measurable health outcomes, and maintain broad, stable provider networks.
The HCA is seeking proposals that prioritize:
- Adopting a transparent drug purchasing model that puts members and affordability first.
- Implementing custom value-based cost sharing programs for drugs with high clinical efficacy and improved health outcomes.
- Prioritizing community pharmacy support.
- Leveraging state purchasing power to get the best pricing for the state and our members.
- Raising the standards for customer service and community pharmacy access.
Vendors interested in submitting proposals may access the official RFP documents on the New Mexico Public Schools Insurance Authority website https://nmpsia.com/procurements.html or through the ProposalTech website http://www.proposaltech.com/home/app.php/register. The deadline to submit proposals is November 3.
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About the New Mexico Health Care Authority
The New Mexico Health Care Authority connects New Mexicans to the care and support they need to live healthy, full lives. The agency administers Medicaid, the Supplemental Nutrition Assistance Program (SNAP), the Low-Income Home Energy Assistance Program (LIHEAP), cash assistance, child support services, and behavioral health care across the state. HCA also oversees the State Health Benefits program for state employees and manages the Health Care Affordability Fund to help make coverage more affordable for working families. The agency licenses health care facilities, investigates complaints, and ensures providers deliver safe, high-quality care. In addition, HCA supports individuals with intellectual and developmental disabilities through a variety of home and community-based programs that protect health, safety, and human rights.