As expected, the Illinois House of Representatives on Wednesday approved a bill that includes adoption of a drug formulary and other cost-saving reforms, but also creation of a state fund and a prohibition against “excessive” workers’ compensation rates.
The House voted 64-51 to concur in Senate amendments to House Bill 2525 by Rep. Jay Hoffman, D-Swansea, and several co-authors.
The Senate amended Hoffman’s bills to include several provisions aimed at reducing costs, such as a medical fee schedule based on Medicare’s Resource-Based Relative Value Scale and ...
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