13-7-3: Definitions. (Effective July 1, 2027.)

As used in the Health Care Purchasing Act:

A. "consolidated purchasing" means a single process for the procurement of and contracting for all health care benefits by the publicly funded insurance agencies in compliance with the Procurement Code [13-1-28 through 13-1-199 NMSA 1978] and includes associated activities related to the procurement such as actuarial, cost containment, benefits consultation and analysis; and

B. "publicly funded health care agency" means the:

(1) state health benefits division and the group benefits committee of the health care authority;

(2) retiree health care authority; and

(3) public school insurance authority.