§ 20-76-503 - Arkansas Rx Program -- Established.

20-76-503. Arkansas Rx Program -- Established.

(a) Subject to the available funding, the Arkansas Rx Program is established to reduce prescription drug prices and to improve the quality of health care for residents of the state.

(b) (1) Subject to the available funding, the Department of Human Services shall administer the program.

(2) The department shall use manufacturer rebates and pharmacy discounts to reduce prescription drug prices.

(c) The department shall promulgate rules to implement the provisions of this chapter.

(d) The department shall seek any waivers of federal law, rule, or regulation necessary to implement the provisions of this subchapter.