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Illinois PBM Law to Limit Steering, Other Plan Design Features in 2026
Ogletree Deakins
[Guidance Overview] Oct. 31, 2025 "[E]mployer-sponsored health plans will not be able to require employees to use -- or give them financial incentives to use -- pharmacies owned or controlled by their pharmacy benefit managers (PBM), but will stand to receive 100 percent of the rebates received by a PBM or an affiliated rebate aggregator. Illinois's 'Prescription Drug Affordability Act' will further impact employer plans by prohibiting PBMs from using 'spread pricing'[.]" MORE >> |
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