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IL HB3403

IL HB3403
INS CODE-INSULIN COST-SHARING


summary

Introduced
02/19/2021
In Committee
03/27/2021
Crossed Over
Passed
Dead
04/08/2022

Introduced Session

102nd General Assembly

Bill Summary

Amends the Illinois Insurance Code to provide that an insurer that provides coverage for prescription insulin drugs pursuant to the terms of a health coverage plan the insurer offers shall limit the total amount that an insured is required to pay for a 30-day supply of covered prescription insulin drugs at an amount not to exceed $30 (rather than $100). Makes a conforming change in the Illinois Public Aid Code. Effective immediately.

AI Summary

This bill amends the Illinois Insurance Code to limit the total amount an insured person is required to pay for a 30-day supply of covered prescription insulin drugs to $30, down from the previous limit of $100. The bill also makes a conforming change to the Illinois Public Aid Code to align it with this new insulin cost-sharing provision. The bill takes effect immediately upon becoming law.

Committee Categories

Business and Industry

Sponsors (16)

Last Action

Added Co-Sponsor Rep. Dagmara Avelar (on 11/22/2021)

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