§346-316 - Discounted retail prices for program participants.
§346-316 Discounted retail prices for program participants. (a) Each retail pharmacy participating in the Rx plus program shall sell drugs to qualified residents at the lowered initial discounted price, in addition to the secondary discounted price as determined by the department pursuant to this part.
(b) The department shall establish secondary discounts for drugs covered by a rebate agreement and shall promote the use of safe, efficacious, and cost-effective drugs, taking into consideration:
(1) Reduced prices for state and federally capped drug programs;
(2) Differential dispensing fees;
(3) Administrative costs of the department; and
(4) The recommendation of the pharmacy and therapeutic committee.
(c) Beginning July 1, 2004, a participating pharmacy shall offer the initial discounted price.
(d) No later than July 1, 2005, a participating pharmacy shall offer the secondary discounted price, if available. [L 2002, c 76, pt of §1; am L 2004, c 47, §7]