Bill Text: IL HB2624 | 2017-2018 | 100th General Assembly | Veto Message
Bill Title: Creates the Health Insurance Rate Review Act. Creates the independent quasi-judicial Health Insurance Rate Review Board to ensure insurance rates are reasonable and justified. Sets forth duties and prohibited activities concerning the Board. Creates the Health Insurance Rate Review Board Nomination Panel to provide a list of nominees to the Governor for appointment to the Health Insurance Rate Review Board. Sets forth the procedures for nomination. Provides requirements and procedures for health carriers to file current and proposed rates and rate schedules with the Health Insurance Rate Review Board. Provides that the Board shall review and approve or disapprove all rates and rate schedules filed or used by a health carrier. Sets forth provisions concerning rate standards, public notice, hearings, and the disapproval and approval of rates and rate schedules.
Spectrum: Partisan Bill (Democrat 26-0)
Status: (Failed) 2018-11-28 - Total Veto Stands - No Positive Action Taken [HB2624 Detail]
Download: Illinois-2017-HB2624-Veto_Message.html
August 26, 2018
To the Honorable Members of
The Illinois House of Representatives,
100th General Assembly:
Today I veto House Bill 2624 from the 100th General Assembly, which restricts the scope and operation of short-term limited-duration health insurance plans (“STLDs”).
This legislation would impose numerous restrictions on these plans, which have historically been utilized to cover individuals who may be experiencing a gap in longer term coverage options, including strict maximum time frames and prohibitions on renewal.
I recognize concerns that certain STLDs have not always been clear in their terms and coverage, but ultimately broad restrictions such as those contained in House Bill 2624 will reduce consumer plan choice as well as the availability of STLD options in Illinois. The scope of STLDs has recently been debated at the federal level, and we should look to be consistent with the regulatory structures of other states and the federal government, as further regulation will create barriers to Illinoisans’ access to the health care plans that best fit their needs.
Therefore, pursuant to Section 9(b) of Article IV of the Illinois Constitution of 1970, I hereby return House Bill 2624, entitled “AN ACT concerning insurance,” with the foregoing objections, vetoed in its entirety.
Sincerely,
Bruce Rauner
GOVERNOR
