Illinois group pushes drug pricing bill opposed by business groups

(The Center Square) – An effort is underway to work at controlling prescription drug prices in Illinois, but there is a stack of industry opposition.

Citizen Action Illinois, a progressive policy and political coalition, is pushing for measures at the statehouse to establish a prescription drug affordability board, or PDAB.

“Creating a prescription drug affordability board in Illinois can save over $190 million in just one year for only the first 10 drugs Medicare has negotiated,” said Citizen Action Illinois policy manager Julia Warheit.

Warheit said the PDAB would adopt the federal Medicare maximum fair price as the statewide upper limit, extending those savings to consumers who are not on Medicaid.

“When Medicare negotiates a lower price, Illinois gets that lower price, too. It’s that simple,” she said during a news conference in Springfield Tuesday.

- Advertisement -

In Colorado, Julia Warheit said such a board is saving consumers $32 million in one year alone for one particular drug.

“Colorado is proving that states don’t have to be victims of a national market,” Warheit said. “We can set our own guardrails, and we need this now more than ever with federal health care cuts on the horizon for 2026.”

AARP Illinois Senior Associate State Director Lori Hendren said consensus is growing to approve either Illinois House Bill 1443 or Senate Bill 66.

“Illinois 50 plus are counting on us, especially now today, to take action,” Hendren said. “That is why AARP Illinois is calling on lawmakers to pass this legislation that establishes a strong and effective PDAB.”

Listed opponents of the measures include BlueCross BlueShield of Illinois, the Illinois Chamber of Commerce, the Illinois Manufacturers’ Association, and several other medical associations and foundations.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Men of Color Expo – Celebrating Men of Excellence

Tinker Federal Credit Union & PPBC Present Men of Color...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Illinois Quick Hits: Illinois House approves student cell phone ban

(The Center Square) – The Illinois House has approved...

Iran reverses course, closes Strait of Hormuz

Less than 24 hours after Iran and President Donald...

WA AGO billed more than 34,000 hours on Trump lawsuits

(The Center Square) - The Washington State Attorney General’s...

Illinois proposal aims to improve detection of potentially staged deaths

(The Center Square) – State Sen. Craig Wilcox, R-Woodstock,...

Creative Healing: Why Doctors Are Writing Prescriptions For The Arts

Science is suggesting that engaging in creative endeavors is...

More like this
Related

US-Asia Fair Market Alliance launches, urges probe into digital trade practices in Asia

(The Center Square ) – A new policy coalition...

Illinois Quick Hits: Illinois House approves student cell phone ban

(The Center Square) – The Illinois House has approved...

Iran reverses course, closes Strait of Hormuz

Less than 24 hours after Iran and President Donald...