Item 18
approved contractNov 8, 2023
Description
Authorize to enter into a sole source amendment to an existing agreement with Magellan Medicaid Administration, LLC, Eagan, MN (originally approved by G&C on 6/9/10, Item #82), to continue management of the Pharmacy Benefits Management system, by increasing the price limitation by $11,689,136 from $38,002,959 to $49,692,095 and by extending the completion date from December 31, 2023 to June 30, 2027. Effective January 1, 2024, upon G&C approval. 61% Federal Funds, 22% General Funds, 17% Other Funds (as defined in RSA 126-AA:3,I and Pharmaceutical Rebates)
Amount
$49.7M
$11,689,136, $38,002,959, $49,692,095
Funding Source
61% Federal Funds; 22% General Funds; 17% Other Funds (as defined in RSA
Effective Dates
December 31, 2023 — June 30, 2027
Vote Record
approved
Motion by Stevens, seconded by Warmington
Joseph Kenney
(R)
yes
Cinde Warmington
(D)
yes
Janet Stevens
(R)
yes
Ted Gatsas
(R)
yes
Dave Wheeler
(R)
yes