Are there any laws governing the prescription of drugs in managed care and other cost containment programs?

In New Mexico, there are a few laws that cover the prescription of drugs in managed care and other cost containment programs. These laws help to ensure that providers working with managed care organizations are prescribing medications appropriately. For example, the New Mexico Pharmacy Act states that all practitioners must consult with the patient prior to writing prescriptions and that the patient must be informed of any risks. Additionally, providers must obtain the patient’s consent before writing a prescription. Furthermore, New Mexico has adopted various other state laws that regulate the prescription of drugs in managed care, such as the Managed Care Prescription Drug Act. This law requires that managed care organizations develop a system to provide proper oversight of prescription drug networks. It also states that providers cannot receive compensation for prescribing medications, with the exception of generic medications. Additionally, it requires the monitoring of drug utilization and pricing, as well as maintaining a record of drug related complaints. Ultimately, these laws aim to protect patients and ensure safe and effective use of medications in managed care and cost containment programs.

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Are there any laws governing the prescription of drugs in managed care and other cost containment programs?

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