PHARMACY BENEFIT MANAGER LIC Senate SponsorsSen. John J. Cullerton and Deanna Demuzio-Iris Y. Martinez House Sponsors(Rep. Dan Reitz-David E. Miller) 1/13/2009SenateSession Sine Die 215 ILCS 5/Art. XXXI.5 heading215 ILCS 5/512-1from Ch. 73, par. 1065.59-1215 ILCS 5/512-2from Ch. 73, par. 1065.59-2215 ILCS 5/512-3from Ch. 73, par. 1065.59-3215 ILCS 5/512-4from Ch. 73, par. 1065.59-4215 ILCS 5/512-4.5 new215 ILCS 5/512-5from Ch. 73, par. 1065.59-5215 ILCS 5/512-6from Ch. 73, par. 1065.59-6215 ILCS 5/512-7from Ch. 73, par. 1065.59-7215 ILCS 5/512-8from Ch. 73, par. 1065.59-8215 ILCS 5/512-9from Ch. 73, par. 1065.59-9215 ILCS 5/512-10from Ch. 73, par. 1065.59-10215 ILCS 5/512-11 new215 ILCS 5/512-12 new215 ILCS 5/512-13 new215 ILCS 5/512-14 new215 ILCS 5/512-15 new215 ILCS 5/512-16 new215 ILCS 5/512-17 newAmends the Third Party Prescription Programs Article of the Insurance Code to change the name of the Article to the Pharmacy Benefits Management Programs Law. Provides for the registration of all pharmacy benefits management programs and pharmacy benefits managers (PBMs) doing business in the State with the Director of the Division of Insurance of the Department of Financial and Professional Regulation. Creates the Advisory Council on Pharmacy Benefits Managers. Makes changes concerning fiduciary and bonding, notice, and contractual requirements, cancellation procedures, denial of payment, and failure to register. Sets forth provisions concerning drug substitution, pricing, claims, maximum allowable cost (MAC) adjustments, audit standards, contact of covered persons, record keeping, information sharing with out-of-network pharmacies, prohibitions, the collection and payment of taxes and fees, and failure to comply. Grants rulemaking authority to the Director of the Division of Insurance. Effective immediately.Senate Committee Amendment No. 2 Deletes reference to:215 ILCS 5/Art. XXXI.5 heading215 ILCS 5/512-1from Ch. 73, par. 1065.59-1215 ILCS 5/512-2from Ch. 73, par. 1065.59-2215 ILCS 5/512-4.5 new215 ILCS 5/512-6from Ch. 73, par. 1065.59-6215 ILCS 5/512-7from Ch. 73, par. 1065.59-7215 ILCS 5/512-8from Ch. 73, par. 1065.59-8215 ILCS 5/512-9from Ch. 73, par. 1065.59-9215 ILCS 5/512-10from Ch. 73, par. 1065.59-10215 ILCS 5/512-11 new215 ILCS 5/512-12 new215 ILCS 5/512-13 new215 ILCS 5/512-14 new215 ILCS 5/512-15 new215 ILCS 5/512-16 new215 ILCS 5/512-17 newDeletes everything after the enacting clause. Amends the Third Party Prescription Programs Article of the Insurance Code. Provides that references throughout the Article to "Director" mean the Director of the Division of Insurance of the Department of Financial and Professional Regulation and that references to "Division" mean the Division of Insurance of the Department. 2/14/2008SenateFiled with Secretary by Sen. John J. Cullerton 2/14/2008SenateFirst Reading 2/14/2008SenateReferred to Rules 2/20/2008SenateAssigned to Licensed Activities 2/27/2008SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton 2/27/2008SenateSenate Committee Amendment No. 1 Referred to Rules 2/27/2008SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. John J. Cullerton 2/27/2008SenateSenate Committee Amendment No. 2 Referred to Rules 3/7/2008SenateSenate Committee Amendment No. 3 Filed with Secretary by Sen. John J. Cullerton 3/7/2008SenateSenate Committee Amendment No. 3 Referred to Rules 3/11/2008SenateSenate Committee Amendment No. 2 Rules Refers to Licensed Activities 3/12/2008SenateAdded as Co-Sponsor Sen. Deanna Demuzio 3/12/2008SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez 3/12/2008SenateSenate Committee Amendment No. 2 Adopted 3/13/2008SenateDo Pass as Amended Licensed Activities; 007-000-000 3/13/2008SenatePlaced on Calendar Order of 2nd Reading April 1, 2008 4/3/2008SenateSenate Floor Amendment No. 4 Filed with Secretary by Sen. John J. Cullerton 4/3/2008SenateSenate Floor Amendment No. 4 Referred to Rules 4/4/2008SenateSenate Floor Amendment No. 5 Filed with Secretary by Sen. John J. Cullerton 4/4/2008SenateSenate Floor Amendment No. 5 Referred to Rules 4/16/2008SenateSecond Reading 4/16/2008SenatePlaced on Calendar Order of 3rd Reading April 17, 2008 4/17/2008SenateThird Reading - Passed; 052-000-000 4/17/2008SenateSenate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a) 4/17/2008SenateSenate Committee Amendment No. 3 Tabled Pursuant to Rule 5-4(a) 4/17/2008SenateSenate Floor Amendment No. 4 Tabled Pursuant to Rule 5-4(a) 4/17/2008SenateSenate Floor Amendment No. 5 Tabled Pursuant to Rule 5-4(a) 4/17/2008HouseArrived in House 4/17/2008HousePlaced on Calendar Order of First Reading 4/17/2008HouseChief House Sponsor Rep. Dan Reitz 4/24/2008HouseFirst Reading 4/24/2008HouseReferred to Rules Committee 4/29/2008HouseAdded Alternate Chief Co-Sponsor Rep. David E. Miller 1/13/2009SenateSession Sine Die