SB3159 101ST GENERAL ASSEMBLY

LRB101 20171 SPS 69710 b

101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB3159

Introduced 2/11/2020, by Sen. Andy Manar

SYNOPSIS AS INTRODUCED:

225 ILCS 85/43 new

Amends the Pharmacy Practice Act. Provides that a pharmacist or his or her authorized employee must disclose to the consumer at the point of sale the current pharmacy retail price for each prescription medication the consumer intends to purchase. If the consumer's cost-sharing amount for a prescription exceeds the current pharmacy retail price, the pharmacist or his or her authorized employee must disclose to the consumer that the pharmacy retail price is less than the patient's cost-sharing amount. Defines terms. Effective immediately.

A BILL FOR

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Pharmacy Practice Act is amended by adding Section 43 as follows:

(225 ILCS 85/43 new)

Sec. 43. Disclosure of pharmacy retail price.

(a) For the purpose of this Section:

"Pharmacy retail price" means the price an individual without prescription drug coverage or not using any other prescription medication benefit or discount would pay at a retail pharmacy, not including a pharmacist dispensing fee.

"Cost-sharing" means the amount owed by a policyholder under the terms of their health insurance policy or as required by a pharmacy benefit manager as defined in subsection (a) of Section 513b1 of the Illinois Insurance Code.

(b) A pharmacist or his or her authorized employee must disclose to the consumer at the point of sale the current pharmacy retail price for each prescription medication the consumer intends to purchase. If the consumer's cost-sharing amount for a prescription exceeds the current pharmacy retail price, the pharmacist or his or her authorized employee must disclose to the consumer that the pharmacy retail price is less than the patient's cost-sharing amount.

Section 99. Effective date. This Act takes effect upon becoming law.