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(The Center Square) – New laws go into effect in Illinois Jan. 1 that will put new restrictions on the state’s health insurance industry. Gov. J.B. Pritzker said the Healthcare Protection Act ...
The U.S. Department of Health and Human Services reports between January 2022 and January 2023, more than 4,200 drugs saw a price increase on average of more than 15%.
Illinois state and federal lawmakers are looking into a way to lower prescription drug costs, ... the Illinois Department of Healthcare and Family Services paid $2.64 billion to PBMs in 2021 ...
Leap, Terry L., Phantom Billing, Fake Prescriptions, and the High Cost of Medicine: Health Care Fraud and What to do about It (Cornell University Press, 2011). Mahar, Maggie, Money-Driven Medicine: The Real Reason Health Care Costs So Much, HarperCollins, 2006. ISBN 978-0-06-076533-0; Reid, T. R. (2009).
The Health Care Justice Act (HCJA) was a law in Illinois that sought "to insure that all residents have access to quality health care at costs that are affordable". [2] The Health Care Justice Campaign (a project of Campaign for Better Health Care) led public advocacy for the act, which was passed after a two-year fight and took effect on July 1, 2004.
U.S. healthcare costs in 2015 were 16.9% GDP according to the OECD, over 5% GDP higher than the next most expensive OECD country. [2] With U.S. GDP of $19 trillion, healthcare costs were about $3.2 trillion, or about $10,000 per person in a country of 320 million people.
SPRINGFIELD, Ill. — Time to study up, Illinois. When the clock hits midnight on New Year’s Day, 293 new state laws will take effect. Those include some of the defining bills of the 2024 ...
States are permitted to form health care choice compacts and allows insurers to sell policies in any state participating in the compact. [126] The "Employer Mandate" (originally scheduled to take effect on January 1, 2014) goes into effect for employers with 50 to 99 employees. [116] [128]