HB 1462

  • Illinois House Bill
  • 102nd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Regulation-Tech

Abstract

Amends the Illinois Insurance Code. Makes a technical change in a Section concerning the purpose of the Article regarding nonprofit risk organizations. House Floor Amendment No. 1 Deletes reference to: 215 ILCS 5/123D-1 Adds reference to: New Act 30 ILCS 105/5.970 new Replaces everything after the enacting clause. Creates the Prescription Drug Affordability Act. Defines terms. Establishes the Prescription Drug Affordability Board and provides that the Board's purpose is to protect State residents, State and local governments, commercial health plans, health care providers, pharmacies licensed in the State, and other stakeholders within the health care system from the high costs of prescription drug products. Contains other provisions about the Board, including: members of the Board; conflicts of interest; terms of members; the hiring of an executive director, general counsel, and staff for the Board; staff salary; meetings of the Board; and powers and duties of the Board. Creates the Prescription Drug Affordability Stakeholder Council with the purpose to provide stakeholder input to assist the Prescription Drug Affordability Board in making decisions as required under the Act. Contains other provisions about the Council, including: members of the Council; terms of members; and reimbursement of member travel expenses. Provides that the Board shall identify specified prescription drug products and determine whether each prescription drug product should be subject to a cost review. Provides that if the Board finds that spending on a prescription drug product has led or will lead to an affordability challenge, the Board shall establish an upper payment limit after considering: (i) the cost of administering the drug; (ii) the cost of delivering the drug to consumers; and (iii) other relevant administrative costs related to the drug. Includes provisions regarding remedies and an appeal process. Creates the Prescription Drug Affordability Fund to be used only to provide funding for the Board and for the purposes authorized under the Act. Provides that the Board shall submit a report to the General Assembly including specified information. Provides that the Board shall conduct a study of the operation of the generic drug market that includes specified information on or before June 1, 2023. Includes a provision on term expiration for Board and Council members. Makes conforming changes in the State Finance Act. Effective January 1, 2023.

Bill Sponsors (29)

Votes


Actions


Sep 06, 2022

House

Added Co-Sponsor Rep. Michael Halpin

Apr 11, 2022

House

Rule 19(a) / Re-referred to Rules Committee

Apr 05, 2022

House

Added Co-Sponsor Rep. Delia C. Ramirez

House

Added Co-Sponsor Rep. Stephanie A. Kifowit

House

Added Co-Sponsor Rep. Lindsey LaPointe

House

Added Co-Sponsor Rep. Justin Slaughter

House

Added Co-Sponsor Rep. Edgar Gonzalez, Jr.

House

Added Co-Sponsor Rep. LaToya Greenwood

House

Added Co-Sponsor Rep. Natalie A. Manley

House

Added Co-Sponsor Rep. Cyril Nichols

House

Added Co-Sponsor Rep. Kelly M. Cassidy

House

Added Co-Sponsor Rep. Dagmara Avelar

House

Added Co-Sponsor Rep. Joyce Mason

House

Added Co-Sponsor Rep. Sue Scherer

Apr 04, 2022

House

Added Co-Sponsor Rep. Debbie Meyers-Martin

House

Added Co-Sponsor Rep. Michelle Mussman

House

Added Co-Sponsor Rep. Kathleen Willis

House

Added Co-Sponsor Rep. Denyse Wang Stoneback

House

Added Co-Sponsor Rep. Bob Morgan

House

Added Co-Sponsor Rep. Robyn Gabel

House

Added Co-Sponsor Rep. Jawaharial Williams

House

Added Co-Sponsor Rep. Michael J. Zalewski

House

Added Co-Sponsor Rep. Aaron M. Ortiz

House

Added Co-Sponsor Rep. Theresa Mah

House

Final Action Deadline Extended-9(b) April 8, 2022

House

Approved for Consideration Rules Committee; 003-002-000

House

Placed on Calendar 2nd Reading - Short Debate

House

House Floor Amendment No. 1 Filed with Clerk by Rep. Janet Yang Rohr

House

House Floor Amendment No. 1 Referred to Rules Committee

House

House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-002-000

House

Added Chief Co-Sponsor Rep. Anne Stava-Murray

House

Added Chief Co-Sponsor Rep. Maura Hirschauer

House

Added Chief Co-Sponsor Rep. Katie Stuart

House

Added Chief Co-Sponsor Rep. Will Guzzardi

House

Chief Sponsor Changed to Rep. Janet Yang Rohr

House

House Floor Amendment No. 1 Adopted 056-000-001

House

Added Co-Sponsor Rep. Suzanne Ness

Apr 23, 2021

House

Rule 19(a) / Re-referred to Rules Committee

Apr 20, 2021

House

Held on Calendar Order of Second Reading - Short Debate **

House

Second Reading - Short Debate

Mar 17, 2021

House

Placed on Calendar 2nd Reading - Short Debate **

Mar 11, 2021

House

Do Pass / Short Debate Executive Committee; 014-000-000

Mar 02, 2021

House

Assigned to Executive Committee

Feb 17, 2021

House

First Reading

House

Referred to Rules Committee

Feb 11, 2021

House

Filed with the Clerk by Rep. Emanuel Chris Welch

Bill Text

Bill Text Versions Format
Introduced HTML PDF
House Amendment 001 HTML PDF

Related Documents

Document Format
No related documents.

Sources

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