Veto Illinois HB 1780 Which Puts Patient Access to Generic Medicines at Risk
The State of Illinois is considering legislation (HB 1780) to establish a statewide drug take back program funded almost exclusively by generic drug manufacturers. HB 1780, as currently drafted, would disproportionately impact the makers of low-cost generic medicines instead of the manufacturers of high-cost brand-name drugs. Generic medicines account for less than 2% of health care spending. Yet although generic manufacturers only generate a small fraction of the revenue of brand-name drug companies, generic companies will be forced to foot the bill.