Board would boost medicine affordability

Just last year, Illinois passed legislation that banned price gouging on generic prescription drugs and established a rate review process to prevent unjustified health insurance premium increases.

But, due to the high cost of many prescription medications, lifesaving health care still remains out of reach for many in our state. A 2020 survey showed that 28% of Illinoisans reported rationing their medication by either skipping a dose or cutting a pill in half to lengthen their supply.

In the richest country in the world, no one should be going without access to the medication they need due to cost.

This issue also affects more than just those on regular prescription medications. Prescription drugs are increasingly contributing to higher health insurance premium costs and currently make up 33% of our premiums. So, addressing high drug costs for some of the most expensive medications could reduce health insurance costs for all Illinoisans.

That’s why we should support the establishment of a Prescription Drug Affordability Board (PDAB). Already in operation in eight other states across the country, this independent body would review the affordability of certain high-cost drugs and set reasonable payment limits in our state.

Our legislators have taken several positive steps to advance health care affordability in Illinois. Let’s keep the momentum going by advocating for a Prescription Drug Affordability Board and reinforce our commitment to accessible healthcare.

Jerry Freda

Inverness