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Amendment Scraps Formulary, Adopts Hybrid Medicare-Based Fee Schedule

By J. Todd Foster (Reporter)

Friday, March 3, 2017 | 0

A closed drug formulary has been scrapped, and a hybrid Medicare-based fee schedule has been added, to a workers’ compensation reform bill still mired in the Illinois Senate. Senate Bill 12, Amendment 3, also proposes restrictions on compounded drugs and the creation of a new task force to monitor medical provider profits derived from treating injured workers. “The bill is still insufficient in terms of cost savings. It’s a mixed bag of very, very modest reforms,” said Steve Schneider, the American Insurance Association's vice president for state affairs, Midwest ...

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