IL SB3179 | 2023-2024 | 103rd General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 7 2025 - 100% progression
Action: 2025-01-07 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Insurance Code. Provides that all compensation remitted by or on behalf of a pharmaceutical manufacturer, pharmaceutical developer, or pharmaceutical labeler, directly or indirectly, to a health insurer or to a pharmacy benefit manager under contract with a health insurer that is related to the health insurer's prescription drug benefits must be either remitted directly to the covered person at the point of sale to reduce the out-of-pocket cost to the covered person associated with a particular prescription drug or remitted to and retained by the health insurer. Requires a health insurer to file with the Department of Insurance a report demonstrating the health insurer's compliance with the provisions.

Tracking Information

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Title

INS CD-PHARMA BENEFIT MANAGER

Sponsors


History

DateChamberAction
2025-01-07SenateSession Sine Die
2024-02-06SenateReferred to Assignments
2024-02-06SenateFirst Reading
2024-02-06SenateFiled with Secretary by Sen. Napoleon Harris, III

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2155513b1.5New CodeSee Bill Text

Illinois State Sources


Bill Comments

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