A brand new year is upon us which means a host of new laws go into effect which may impact you or your family’s rights, duties, and business interests. We would like to take this opportunity to highlight some of these legal changes for your knowledge and enjoyment.
The federal No Surprises Act became effective New Year’s day and is designed to provide protections for patients from surprise medical bills. The new law requires insurance companies to cover certain out-of-network expenses that patients may incur as a result of emergency medical care as well as scheduled treatments from out-of-network doctors and hospitals. The law will impact approximately 10 million medical bills per year. However, the No Surprise Act will not cover the costs associated with ambulances so as long as you can get yourself to the hospital, but you will be less likely to be sprung with surprise expenses for out-of-network medical services.
Illinois has imposed a new law requiring pharmacies to post notices to inform customers that they may request the retail price of any brand name or generic prescription drugs so customers may know the price of such drugs before obtaining the prescription.
More than 25 states are increasing the state level minimum wage laws. The Illinois minimum wage law will increase from $10 per hour to $12 per hour or 60% of minimum wage for business that also pay employees with gratuities and tips.
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