§5-16C-1. Legislative findings; purpose; short title.
The Legislature finds that the rapidly rising cost of
prescription drugs places an undue financial burden on the state of
West Virginia, the payors and the consumers of prescription drugs.
The purpose of this legislation is to authorize the director of the
public employees insurance agency to act on behalf of specified
agencies, programs and political subdivisions to manage the steady
increase in prescription drug costs, thus benefitting the citizens
and fiscal strength of this state. This article shall be known and
may be cited as the "Prescription Drug Cost Management Act."