101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
Introduced 2/15/2019, by Sen. Steve Stadelman
SYNOPSIS AS INTRODUCED:
215 ILCS 5/Art. XXXIIB heading new
215 ILCS 5/521.1 new
Amends the Illinois Insurance Code. Creates the Pharmacy Benefits
Managers Article. Provides that a pharmacy benefits manager may not
prohibit a pharmacy or pharmacist from providing a customer with a more
affordable alternative if a more affordable alternative is available.
A BILL FOR
|SB1557||LRB101 08168 SMS 53234 b|
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The Illinois Insurance Code is amended by adding
Article XXXIIB as follows:
(215 ILCS 5/Art. XXXIIB heading new)
PHARMACY BENEFITS MANAGERS
(215 ILCS 5/521.1 new)
Pharmacy benefits managers.
(a) As used in this Section, "pharmacy benefits manager"
means an entity that administers or manages a pharmacy benefits
plan or program.
(b) A pharmacy benefits manager may not prohibit a pharmacy
or pharmacist from providing a customer with a more affordable
alternative if a more affordable alternative is available.