IL HB4943 | 2021-2022 | 102nd General Assembly

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on January 25 2022 - 25% progression, died in committee
Action: 2022-01-27 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Insurance Code. In provisions concerning pharmacy benefit manager contracts, provides that if a retail price is to be used by a pharmacy benefit manager to calculate or estimate a copayment for a drug, the pharmacy must either report the retail price for the drug and identify any programs available to retail customers of the pharmacy that an individual without prescription drug coverage would be eligible for at the retail pharmacy that could reduce the price of the drug, or reduce the retail price reported to account for the price reductions that would be generally or specifically available to the individual without prescription drug coverage. Changes the definition of "retail price".

Tracking Information

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Title

INS-PHARMACY BENEFIT MANAGERS

Sponsors


History

DateChamberAction
2022-01-27HouseReferred to Rules Committee
2022-01-27HouseFirst Reading
2022-01-25HouseFiled with the Clerk by Rep. Deanne M. Mazzochi

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2155513b1Amended CodeCitation Text

Illinois State Sources


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