Department of Medical Assistance Services (602)
Request Title | Analysis of Implementing a Medicaid Single Pharmacy Manager (292 #5c) |
Biennium | 2024-2026 |
Budget Round | Amended Bill |
Half Sheet Number | 292 #5c |
Description
This amendment provides $500,000 from the general fund and $500,000 from nongeneral funds the first year and language directing the Department of Medical Assistance Services to engage an independent consultant to conduct a comprehensive analysis of the costs and benefits and other considerations associated with the implementation of a single third-party administrator to serve as the pharmacy benefit manager for all Medicaid pharmacy benefits. Language provides authority to carryover funding for the analysis from fiscal year 2025 to fiscal year 2026 in the event the funds are not expended in the first year. |
Funding Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
499 | Administrative And Support Services | $1,000,000 | $0 | |
By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
01000 | General Fund | $500,000 | $0 | |
10000 | Federal Trust | $500,000 | $0 |
Authorized Position Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-21-2025 17:18:15