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Illinois advances bill to regulate PBMs, aiming to lower drug costs and aid independent pharmacies.
Illinois lawmakers have advanced a bill to regulate pharmacy benefit managers (PBMs), aiming to lower prescription costs and support independent pharmacies.
The bill bans practices like patient steering and spread pricing, where PBMs inflate drug costs.
It also requires PBMs to pass all rebates to insurance plans and disclose pricing details annually.
The legislation, which passed the Senate, now awaits further approval in the House and aims to benefit rural and underserved areas by reducing pharmacy costs.
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Illinois avanza en un proyecto de ley para regular los PBM, con el objetivo de reducir los costos de los medicamentos y ayudar a las farmacias independientes.