IL SB1912 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on February 9 2023 - 25% progression
Action: 2023-05-09 - Added as Chief Co-Sponsor Sen. David Koehler
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Department of Insurance Law. Provides that the Department of Insurance shall establish the Office of the Healthcare Advocate. Provides that the Office shall be administered by the Chief Health Care Advocate, who shall report to the Director of Insurance. Amends the Illinois Insurance Code and the Health Maintenance Organization Act. Provides that all individual and small group accident and health policies written subject to certain federal standards must file rates with the Department for approval. Provides that unreasonable rate increases or inadequate rates shall be modified or disapproved. Provides that when an insurer files a schedule or table of premium rates for individual or small group health benefit plans, the insurer shall post notice of the premium rate filings and a filing summary in plain language on the insurer's website. Provides that the Department shall post all insurers' rate filings and summaries on the Department's website. Provides that the Department shall open a 30-day public comment period on the date that a rate filing is posted on the website. Provides that the Department shall hold a public hearing during the 30-day comment period. Provides that the Director shall adopt affordability standards that must be considered in any decision to approve, disapprove, or modify rate filings. Provides that after the close of the public comment period, the Department shall issue a decision to approve, disapprove, or modify a rate filing, and post the decision on the Department's website. Provides that the Department shall adopt rules implementing specified procedures. Defines "inadequate rate", "plain language", and "unreasonable rate increase".

Tracking Information

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Title

INS-HEALTH CARE/RATE APPROVAL

Sponsors


History

DateChamberAction
2023-05-09SenateAdded as Chief Co-Sponsor Sen. David Koehler
2023-04-26SenateAdded as Co-Sponsor Sen. Julie A. Morrison
2023-04-21SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
2023-03-31SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
2023-03-31SenateRule 3-9(a) / Re-referred to Assignments
2023-03-29SenatePostponed - Insurance
2023-03-29SenateSenate Committee Amendment No. 1 Postponed - Insurance
2023-03-28SenateAdded as Co-Sponsor Sen. Karina Villa
2023-03-28SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance
2023-03-23SenateRule 2-10 Committee Deadline Established As March 31, 2023
2023-03-21SenateSenate Committee Amendment No. 1 Assignments Refers to Insurance
2023-03-20SenateSenate Committee Amendment No. 1 Referred to Assignments
2023-03-20SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Fine
2023-03-10SenateRule 2-10 Committee Deadline Established As March 24, 2023
2023-02-21SenateAssigned to Insurance
2023-02-09SenateReferred to Assignments
2023-02-09SenateFirst Reading
2023-02-09SenateFiled with Secretary by Sen. Laura Fine

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2014051405-26New CodeSee Bill Text
2151254-12Amended CodeCitation Text
2155355Amended CodeCitation Text

Illinois State Sources


Bill Comments

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