Bill Title: Amends the Illinois Insurance Code. Provides that statements of the aggregate administrative expenses of the carrier that a carrier providing a group or individual major medical policy of accident or health insurance shall prepare and provide to the Department of Insurance shall be filed annually (rather than every 6 months) and that the statements shall be filed on or before April 1 for the preceding calendar year. Makes related changes. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Passed) 2011-08-23 - Public Act . . . . . . . . . 97-0524 [SB1553 Detail]

Text: Latest bill text (Chaptered) [HTML]

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