IL SB3675 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 9 2024 - 25% progression
Action: 2024-02-09 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Insurance Code. Provides that any failure to make a disclosure or obtain a signed confirmation required under specified provisions of the Short-Term, Limited-Duration Health Insurance Coverage Act is an unfair method of competition and an unfair and deceptive act or practice in the business of insurance. Provides that the Director of Insurance shall have the power to examine and investigate into the affairs of every person subject to specified provisions of the Short-Term, Limited-Duration Health Insurance Coverage Act. Provides that the Director may place on probation, suspend, revoke, or refuse to issue or renew an insurance producer's license or may levy a civil penalty or take any combination of actions for any failure to make a disclosure or obtain a signed confirmation required or any unlawful practice described under specified provisions of the Short-Term, Limited-Duration Health Insurance Coverage Act. Amends the Short-Term, Limited-Duration Health Insurance Coverage Act. Sets forth provisions concerning the purpose and scope of the Act. Provides that the Act applies to health insurance issuers that offer short-term, limited-duration health insurance coverage to groups and individuals (rather than only individuals) in the State. Sets forth provisions concerning duration of coverage; cancellation; and disclosure, filing, and coverage requirements of short term, limited-duration health insurance coverage. Sets forth provisions concerning unfair or deceptive practices relating to the sale of supplemental or short-term, limited-duration health insurance coverage. Defines terms. Makes other changes. Effective January 1, 2026.

Tracking Information

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Title

SHORT-TERM HEALTH INSURANCE

Sponsors


History

DateChamberAction
2024-02-09SenateReferred to Assignments
2024-02-09SenateFirst Reading
2024-02-09SenateFiled with Secretary by Sen. Napoleon Harris, III

Code Citations

ChapterArticleSectionCitation TypeStatute Text
21519010Amended CodeCitation Text
21519015Amended CodeCitation Text
2151902New CodeSee Bill Text
21519020Amended CodeCitation Text
21519025New CodeSee Bill Text
21519030New CodeSee Bill Text
21519035New CodeSee Bill Text
2151905Amended CodeCitation Text
2155121-2.05Amended CodeCitation Text
2155356z.18Amended CodeCitation Text
2155367.3Amended CodeCitation Text
2155367aAmended CodeCitation Text
2155368fAmended CodeCitation Text
2155424Amended CodeCitation Text
2155425Amended CodeCitation Text
2155500-70Amended CodeCitation Text

Illinois State Sources


Bill Comments

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