Capitol Fa - Your Illinois News Radar » It’s Now Signed Into lawCapitolFax.com
The law bars drugmakers from limiting pharmacy networks for 340B medications and orders a state study on program participation and transparency.
- On Friday, Governor JB Pritzker signed the Patient Access to Pharmacy Protection Act, prohibiting drug manufacturers from restricting how 340B providers contract with pharmacies to dispense discounted medications to patients.
- Congress established the 340B Drug Pricing Program in 1992 to provide discounted medications to safety-net hospitals serving low-income patients; rising disputes over pricing and profit margins prompted new state oversight.
- Pharmaceutical Research and Manufacturers of America spokesperson Will May claimed the program is "driving up costs for patients," while Illinois Primary Health Care Association CEO Ollie Idowu argued the law preserves essential care services.
- Pritzker also signed legislation requiring the Illinois Department of Insurance to study the 340B program's impact, including how hospitals mark up discounted drug prices for profit.
- These measures are among more than 75 bills Pritzker signed late last week following the General Assembly's spring session, reflecting a broad legislative effort to strengthen state oversight.
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Capitol Fa - Your Illinois News Radar » It’s now signed into lawCapitolFax.com
* The Chicago Tribune… Gov. JB Pritzker signed a bill into law Friday that places guardrails on a drug discount program that hospitals and other healthcare providers say they rely on to help them care for vulnerable patients. The new law prohibits drugmakers from restricting the number or types of pharmacies that hospitals and other providers [...]
Illinois Gov. Pritzker signs bill that aims to protect 340B drug discount program
Illinois Gov. JB Pritzker signed a bill into law Friday that places guardrails on a drug discount program that hospitals and other healthcare providers say they rely on to help them care for vulnerable patients. The new law prohibits drugmakers…
Pritzker signs bill that aims to protect 340B drug discount program
Gov. JB Pritzker signed a bill into law Friday that aims to place protections around a drug discount program that hospitals and other healthcare providers say they rely on to help them care for vulnerable patients.
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