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Public Act 102-0400


 

Public Act 0400 102ND GENERAL ASSEMBLY

  
  
  

 


 
Public Act 102-0400
 
SB1682 EnrolledLRB102 16425 SPS 21816 b

    AN ACT concerning regulation.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Pharmacy Practice Act is amended by
changing Section 41 and by adding Section 43 as follows:
 
    (225 ILCS 85/41)
    (Section scheduled to be repealed on January 1, 2023)
    Sec. 41. Current usual and customary retail price
disclosure.
    (a) Upon request, a pharmacy must disclose the current
usual and customary retail price of any brand or generic
prescription drug or medical device that the pharmacy offers
for sale to the public. This disclosure requirement applies
only to requests made in person or by telephone for the prices
of no more than 10 prescription drugs or medical devices for
which the person making the request has a prescription. Prices
quoted are for informational purposes only and are valid only
on the day of inquiry. The requests must specify the name,
strength and quantity of the prescription drug.
    (b) A pharmacy must post a notice informing customers that
they may request, in person or by telephone, the current usual
and customary retail price of any brand or generic
prescription drug or medical device that the pharmacy offers
for sale to the public.
(Source: P.A. 94-459, eff. 1-1-06.)
 
    (225 ILCS 85/43 new)
    Sec. 43. Disclosure of pharmacy retail price.
    (a) For the purpose of this Section:
    "Pharmacy retail price" means the price an individual
without prescription drug coverage or not using any other
prescription medication benefit or discount would pay at a
retail pharmacy, not including a pharmacist dispensing fee.
    "Cost-sharing amount" means the amount owed by a
policyholder under the terms of his or her health insurance
policy or as required by a pharmacy benefit manager as defined
in subsection (a) of Section 513b1 of the Illinois Insurance
Code.
    (b) A pharmacist or his or her authorized employee must
disclose to the consumer at the point of sale the current
pharmacy retail price for each prescription medication the
consumer intends to purchase. If the consumer's cost-sharing
amount for a prescription exceeds the current pharmacy retail
price, the pharmacist or his or her authorized employee must
disclose to the consumer that the pharmacy retail price is
less than the patient's cost-sharing amount.

Effective Date: 1/1/2022