Illinois HB5514 establishes a procurement process for selecting a State pharmacy benefit manager for Medicaid.
Illinois HB5514 amends the Medical Assistance Article of the Illinois Public Aid Code to require the Chief Procurement Officer for General Services, in consultation with the Department of Healthcare and Family Services, to conduct and complete procurement for a third-party administrator to serve as the single State pharmacy benefit manager for the medical assistance program. The procurement process includes establishing eligibility criteria, developing a master contract, and selecting a pharmacy benefit manager.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.