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| 1 | | 111-148, and further defined through amendments to that Act |
| 2 | | and regulations issued under that Act. |
| 3 | | "Pharmacy" means a pharmacy located in this State. |
| 4 | | "Prescription drug" means a drug that is required by |
| 5 | | federal or State law or rule to be dispensed only by |
| 6 | | prescription or that is restricted to administration only by |
| 7 | | practitioners. |
| 8 | | Section 10. Insulin discount program. |
| 9 | | (a) The Department shall offer a discount program that
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| 10 | | allows participants to purchase insulin at a discounted, |
| 11 | | post-rebate price. |
| 12 | | (b) The discount program shall: |
| 13 | | (1) provide a participant with a card or electronic
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| 14 | | document that identifies the participant as eligible for
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| 15 | | the discount; |
| 16 | | (2) provide a participant with information about
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| 17 | | pharmacies that will honor the discount; |
| 18 | | (3) allow a participant to purchase insulin at a
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| 19 | | discounted, post-rebate price; and |
| 20 | | (4) provide a participant with instructions to pursue |
| 21 | | a reimbursement of the purchase price from the |
| 22 | | participant's health insurer. |
| 23 | | (c) The discount program shall charge a price for insulin
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| 24 | | that allows the program to retain only enough of any rebate for
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| 25 | | the insulin to make the State risk pool whole for providing
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| 1 | | discounted insulin to participants. |
| 2 | | Section 90. The Illinois Insurance Code is amended by |
| 3 | | changing Section 356z.41 as follows: |
| 4 | | (215 ILCS 5/356z.41) |
| 5 | | Sec. 356z.41. Cost sharing in prescription insulin drugs; |
| 6 | | limits; confidentiality of rebate information. |
| 7 | | (a) As used in this Section, "prescription insulin drug" |
| 8 | | means a prescription drug that contains insulin and is used to |
| 9 | | control blood glucose levels to treat diabetes but does not |
| 10 | | include an insulin drug that is
administered to a patient |
| 11 | | intravenously. |
| 12 | | (b) This Section applies to a group or individual policy |
| 13 | | of accident and health insurance amended, delivered, issued, |
| 14 | | or renewed on or after the effective date of this amendatory |
| 15 | | Act of the 101st General Assembly. |
| 16 | | (c) An insurer that provides coverage for prescription |
| 17 | | insulin drugs pursuant to the terms of a health coverage plan |
| 18 | | the insurer offers shall limit the total amount that an |
| 19 | | insured is required to pay for a 30-day supply of covered |
| 20 | | prescription insulin drugs at an amount not to exceed $35 |
| 21 | | $100, regardless of the quantity or type of covered |
| 22 | | prescription insulin drug used to fill the insured's |
| 23 | | prescription. |
| 24 | | (d) Nothing in this Section prevents an insurer from |
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| 1 | | reducing an insured's cost sharing by an amount greater than |
| 2 | | the amount specified in subsection (c). |
| 3 | | (e) The Director may use any of the Director's enforcement |
| 4 | | powers to obtain an insurer's compliance with this Section. |
| 5 | | (f) The Department may adopt rules as necessary to |
| 6 | | implement and administer this Section and to align it with |
| 7 | | federal requirements. |
| 8 | | (g) On January 1 of each year, the limit on the amount that |
| 9 | | an insured is required to pay for a 30-day supply of a covered |
| 10 | | prescription insulin drug shall increase by a percentage equal |
| 11 | | to the percentage change from the preceding year in the |
| 12 | | medical care component of the Consumer Price Index of the |
| 13 | | Bureau of Labor Statistics of the United States Department of |
| 14 | | Labor.
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| 15 | | (Source: P.A. 101-625, eff. 1-1-21.)
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| 16 | | Section 99. Effective date. This Act takes effect July 1, |
| 17 | | 2025.".
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