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IL SB1625

Bill

Status

Introduced

2/26/2021

Primary Sponsor

Doris Turner

Click for details

Origin

Senate

102nd General Assembly

AI Summary

  • Removes the 10-request limit on consumers asking pharmacies for current usual and customary retail prices of prescription drugs or medical devices in person or by telephone.

  • Requires pharmacies to post notices informing customers they may request pricing information for any brand or generic prescription drug or medical device the pharmacy offers for sale.

  • Mandates pharmacists or authorized employees disclose the current pharmacy retail price to consumers at the point of sale for each prescription medication being purchased.

  • Requires pharmacists to inform consumers when their cost-sharing amount (copay/coinsurance) exceeds the actual pharmacy retail price for the medication.

  • Defines "pharmacy retail price" as the price paid by individuals without prescription drug coverage and "cost-sharing amount" as amounts owed under health insurance policies or pharmacy benefit managers.

Legislative Description

PHARMACY-PRICE DISCLOSURE

Last Action

Rule 3-9(a) / Re-referred to Assignments

4/16/2021

Committee Referrals

Assignments4/16/2021
Licensed Activities3/9/2021
Assignments2/26/2021

Full Bill Text

No bill text available