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Illinois Enacts New $15 PBM Fee Effective 2026
HUB International
[Guidance Overview] Sept. 23, 2025 "Where Illinois [HB 1697] breaks new ground is by assessing an annual fee of $15 per member on PBMs covering participants in the state. The fee is effective starting January 1, 2026, and is intended to fund grants for pharmacies in underserved and low-income areas. This is unlike legislation previously seen in other states." MORE >> |
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