New Mexico 2026 Regular Session

New Mexico Senate Bill SB20

Introduced
1/26/26  
Report Pass
1/29/26  
Report Pass
2/7/26  
Report Pass
2/11/26  
Engrossed
2/12/26  
Report Pass
2/16/26  
Enrolled
2/19/26  
Chaptered
3/6/26  

Caption

Prior Authorization & Prescription Drugs

Impact

The implementation of SB20 is expected to simplify regulations surrounding prior authorization, potentially reducing delays in obtaining necessary medications for patients suffering from severe medical conditions. By mandating that health insurers expedite determinations within specified timeframes, the bill seeks to ensure that patients receive prompt care, thereby improving health outcomes and patient satisfaction. Additionally, by removing annual prior authorization for chronic maintenance drugs, the bill aims to alleviate the administrative burden on healthcare providers and patients alike, making healthcare more accessible and efficient.

Summary

Senate Bill 20 addresses the issue of prior authorization within the healthcare system, specifically targeting pharmacy benefits managers (PBMs). The bill aims to streamline the prior authorization process for medications that are critically needed to treat serious health conditions, including serious mental illness and chronic health conditions. Under this legislation, prior authorization will no longer be necessary for certain medications, ensuring timely access for patients who require treatment for autoimmune disorders, cancer, serious mental illnesses, or substance use disorders. Moreover, once a prior authorization is granted for chronic maintenance drugs, it will not be required again for three years unless certain conditions arise that necessitate a review.

Contention

While the bill has garnered support from healthcare advocacy groups and some legislators who argue that it prioritizes patient care and medication access, it has also faced criticism. Opponents of the bill express concern about the possible financial implications for insurance companies and worry that eliminating the prior authorization process may lead to increased costs for insurers. There is also apprehension regarding the regulatory power of pharmacy benefits managers, which could arguably diminish the ability of insurers to manage their formularies effectively. Thus, the discussions surrounding SB20 have highlighted the balance between ensuring patient access and maintaining cost control within the healthcare system.

Companion Bills

No companion bills found.

Previously Filed As

NM SB39

Add Classes To Prior Authorization Drugs

NM SB207

Add Classes To Prior Authorization Drugs

NM SB477

No Prior Authorization For Certain Drugs

NM HB570

Prior Authorization Requirement Changes

NM HB461

Prior Authorization Process Exemptions

NM SB263

Prior Authorization Process Exemptions

NM SB122

Expand Prescription Drug Donation Program

NM SB193

Weight Loss Drugs Insurance Coverage

NM SB84

Sharing Of Certain Cyfd Info

NM HB554

Residential Home Building Authorization

Similar Bills

No similar bills found.