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 Bill Status of SB1971  100th General Assembly


Short Description:  COST LIST-PHRMCY BENEFITS MNGR

Senate Sponsors
Sen. Omar Aquino - Jacqueline Y. Collins

Last Action
DateChamber Action
  4/7/2017SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
215 ILCS 5/512-11 new
815 ILCS 510/2from Ch. 121 1/2, par. 312


Synopsis As Introduced
Amends the Illinois Insurance Code. Provides regulation for the creation of a list of drugs used to set the maximum allowable cost on which reimbursement to a pharmacy or pharmacist may be based. Provides that before a pharmacy benefits manager places or continues a particular drug on a maximum allowable cost list, the drug shall meet specified requirements. Provides for the duties of a pharmacy benefits manager in his or her use of a maximum allowable cost list. Provides for a reasonable administrative appeal procedure to allow pharmacies to challenge maximum allowable costs and reimbursements made under a maximum allowable cost for a specific drug. Provides that a pharmacy benefits manager shall not reimburse a pharmacy or pharmacist in this State in an amount less than the amount that the pharmacy benefits manager reimburses a pharmacy benefits manager affiliate for providing the same pharmacist services. Provides that a pharmacy or pharmacist may decline to provide pharmacist services to a patient or pharmacy benefits manager if, as a result of a maximum allowable cost list, a pharmacy or pharmacist is to be paid less than the pharmacy acquisition cost of the pharmacy providing pharmacist services. Provides that a violation of the provisions concerning maximum allowable cost lists and pharmacy benefits managers is a deceptive trade practice. Amends the Uniform Deceptive Trade Practices Act to make a conforming change. Defines terms.

Actions 
DateChamber Action
  2/10/2017SenateFiled with Secretary by Sen. Omar Aquino
  2/10/2017SenateFirst Reading
  2/10/2017SenateReferred to Assignments
  2/28/2017SenateAssigned to Insurance
  3/8/2017SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  3/9/2017SenatePostponed - Insurance
  3/17/2017SenateRule 2-10 Committee Deadline Established As April 7, 2017
  4/7/2017SenateRule 3-9(a) / Re-referred to Assignments

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