INS CD-GENERIC DRUG SHORTAGE

Session: 103rd General Assembly
Year: 2024
Bill #: SB2672
Category: Labor, Personnel and Pensions
Position: Under Review
Mandate?
Revenue Loss?
Authority Preemption?

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Amends the Accident and Health Article of the Illinois Insurance Code. Provides that if a generic drug or a therapudic equivalent is unavailable due to a supply issue and dosage cannot be adjusted, a group or individual policy of accident and health insurance or a managed care plan that is amended, delivered, issued, or renewed after January 1, 2026 shall provide coverage for a brand name eligible prescription drug until supply of the generic drug is available.



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