CHICAGO (CBS) -- Lawmakers in Springfield are focusing on high prescription drug prices.

On Wednesday, they announced the Prescription Drug Affordability Act. The legislation would create an independent Prescription Drug Affordability Board.

"Drugs don't work if people can't afford them. Today, 28% of Illinoisans have reported not filling their prescriptions or rationing their medication to save money," said State Rep. and co-sponsor Nabeela Syed (D) Palatine. 

If passed into law, the board could set upper limits on what people would pay for their medications.

Supporters said high prescription drug prices are a major factor in rising health insurance premiums.

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