Ill. Senate Democrats: Murphy's Measure Will Make Medication Easier to Obtain in Shortages - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
March 7, 2024 Newswires
Share
Share
Post
Email

Ill. Senate Democrats: Murphy's Measure Will Make Medication Easier to Obtain in Shortages

Targeted News Service

SPRINGFIELD, Illinois, March 7 -- The Illinois Senate Democrats issued the following news:

Under a new measure proposed by State Senator Laura Murphy, medications could be easier to obtain during shortages.

"When you are a patient dealing with a long-term illness or condition, the last thing you want to hear is that your medication is out of stock, but the name brand -- which isn't covered by your insurance -- is in stock and you'll have to pay hundreds more just to get the medicine you need," said Murphy (D-Des Plaines). "It is even worse when you have to call every local pharmacy and get the same answer. We need to ensure better outcomes for our patients by ensuring that they have access to the medications that they need."

Murphy's measure would require health insurance and managed care plans to cover brand name prescription drugs if the generic drug is unavailable during a nationwide shortage.

Last summer, there were 309 ongoing drug shortages in the United States, marking the highest number in a decade. Among the medications affected are those used to treat cancer, diabetes, epilepsy and asthma. Insurance companies will typically cover either the generic or the brand name medication, but rarely both. During shortages, patients whose insurance only cover the generic are given the option to purchase the brand name medications at many times the normal cost.

"Making name brand medication accessible through insurance when generics aren't available not only saves patients money, it safeguards their health," Murphy said. "By creating this access, we promote equity in health care, ensuring that all individuals -- regardless of their financial status -- can receive the treatment they need."

Senate Bill 2672 passed the Senate Insurance Committee Wednesday. It now goes to the full Senate for further deliberation.

* * *

Original text here: https://www.illinoissenatedemocrats.com/caucus-news/40-senator-laura-murphy-news/5389-murphy-s-measure-will-make-medication-easier-to-obtain-in-shortages

Older

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of WT Holdings, Inc. and Subsidiary

Newer

Ill. Senate Democrats: Hunter Leads Measure to Cap Cost of Inhalers

Advisor News

  • Women say their advisors respect them, but talk down to them
  • How PEPs compare with traditional 401(k)s
  • Allianz studies why 42% of Americans retire sooner than expected
  • Why advisors should be talking about life settlements
  • Millennials are ready to bring their advisor to the family table
More Advisor News

Annuity News

  • NAIC regulators continue pushing for annuity illustration updates
  • Wink: Flat first-quarter annuity sales fall just short of $100B
  • 26North Re Agrees to Acquire 100% of Independent Insurance Group
  • Matthew Michelini named Athene president, with an eye on annuity growth
  • Lincoln Financial Announces Executive Leadership Transitions
More Annuity News

Health/Employee Benefits News

  • Cigna dropping employee coverage of GLP-1 drugs Cigna drops coverage of GLP-1 obesity drugs for its own employees
  • Idaho has the fifth-highest rate of uninsured young kids, report finds
  • Filing details Pima County's legal challenge to ACA changes
  • Missouri lawmakers look to ban time limits on anesthesia coverage
  • Salem council shows support for single-payer health insurance program
More Health/Employee Benefits News

Life Insurance News

  • Prudential announces more layoffs as insurer continues to restructure
  • Pradip Patiath Joins Securian Financial Board of Directors
  • Over $107 million in life insurance benefits located for Tennesseans in 2025
  • Study Data from National Institutes of Health Provide New Insights into Law and the Biosciences (Taking actuarial fairness seriously: what is required for the ethical use of genetics in insurance?): Legal Issues – Law and the Biosciences
  • 26North Re Agrees to Acquire 100% of Independent Insurance Group
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Press Releases

  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet