SB 275

  • Illinois Senate Bill
  • 102nd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Ins-Prescription Drug Benefits

Abstract

Amends the Managed Care Reform and Patient Rights Act. Requires health insurance carriers that provide coverage for prescription drugs to ensure that, within service areas and levels of coverage specified by federal law, at least half of individual and group plans meet one or more of the following criteria: apply a pre-deductible and flat-dollar copayment structure to the entire drug benefit, limit a beneficiary's monthly out-of-pocket financial responsibility for prescription drugs to a specified amount, or limit a beneficiary's annual out-of-pocket financial responsibility for prescription drugs to a specified amount. Provides that all plans for prescription drugs offered under the amendatory Act must be clearly and appropriately named, marketed in the same manner as other plans offered by the health insurance carrier, and offered for purchase to any individual and group plan sponsor. Effective January 1, 2022.

Bill Sponsors (4)

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Actions


Jan 10, 2023

Senate

Session Sine Die

Dec 22, 2022

Senate

Chief Sponsor Changed to Sen. Don Harmon

Apr 16, 2021

Senate

Added as Chief Co-Sponsor Sen. John Connor

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 23, 2021

Senate

Added as Co-Sponsor Sen. Adriane Johnson

Feb 25, 2021

Senate

Added as Chief Co-Sponsor Sen. Laura Fine

Feb 24, 2021

Senate

Assigned to Insurance

Feb 19, 2021

Senate

Filed with Secretary by Sen. Scott M. Bennett

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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Introduced HTML PDF

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Sources

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