ILL LEG Access to Affordable Insulin

Published on: Aug 9, 2023

On Aug. 4, ILL LEG issued act to provide insulin at an affordable price.

  • ILL LEG passed bill HB 2189 to provide affordable access to insulin for diabetics.
  • Bill Provisions
  • Access to Affordable Insulin Act instructs Department of Insurance to offer a discount program that allows participants to purchase insulin at a discounted, post-rebate price.
  • Sets forth provisions concerning the insulin discount program and defines terms.
  • Discount program to provide a card or electronic document that identifies the participant as eligible and provide participant with participating pharmacy information.
  • Provide instructions on how to pursue a reimbursement of the purchase price.
  • Shall charge a price for insulin that allows program to retain only enough of any rebate for the insulin to make State risk pool whole for providing discounted insulin.
  • Amends ILL INS 215-5/356z.41 to state total amount that insured shall pay for 30-day supply of covered prescription insulin drugs shall not exceed $35 (rather than $100).
  • Legislative History
  • On Feb. 7, 2023, bill introduced in House; on Mar. 23, 2023, bill passed in House.
  • On Mar. 24, 2023, bill introduced in Senate; on May 11, 2023, bill passed in Senate.
  • On May. 11, 2023, amendments sent to House; on May 19, 2023, passed both Houses.
  • On Aug. 4, 2023, ILL Governor signed bill into law; bill assigned public act 103-0468.
  • Effectiveness
  • HB 2189, Access to affordable insulin act provisions become effective on Jul. 1, 2025.
Regulators
ILL LEG
Entity Types
Ins
Reference
Pub Act 103-0468, Bill HB2189, 8/4/2023; Citation: ILL INS 215-5/356z.41;
Functions
Claims/Accelerated Benefits; Operations; Product Design; Underwriting
Countries
United States of America
Category
State
N/A
Products
Insurance; Insurance-Health
Rule Type
Final
Regions
Am
Rule Date
Aug 4, 2023
Effective Date
Jul 1, 2025
Rule ID
181501
Linked to
N/A
Reg. Last Update
Aug 4, 2023
Report Section
US Insurance