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Advocates worry new law will raise drug prices, harm self-insured businesses - Regional Media News

A national pharmaceutical manufacturer advocacy group is suing Illinois over its 2025 Prescription Drug Affordability Act. The Pharmaceutical Care Management Association filed a complaint June 16 in Springfield federal court against the Illinois Department of Insurance and Ann Gillespie, its director. PCMA wants a judge to agree the law is pre-empted by the federal Employee Retirement Income Security Act, a position it argues is in line with a 2…

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WirePoints Illinois Financial News broke the news on Wednesday, July 1, 2026.
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