Bill Amendment: IL SB2891 | 2019-2020 | 101st General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: REGULATION-TECH
Status: 2021-01-13 - Session Sine Die [SB2891 Detail]
Download: Illinois-2019-SB2891-Senate_Amendment_001.html
Bill Title: REGULATION-TECH
Status: 2021-01-13 - Session Sine Die [SB2891 Detail]
Download: Illinois-2019-SB2891-Senate_Amendment_001.html
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| 1 | AMENDMENT TO SENATE BILL 2891
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 2891 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
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| 4 | "Section 5. The Illinois Insurance Code is amended by | ||||||
| 5 | adding Section 356z.43 as follows:
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| 6 | (215 ILCS 5/356z.43 new) | ||||||
| 7 | Sec. 356z.43. Prescription drug coverage. | ||||||
| 8 | (a) Except as provided in subsection (b), an insurer shall | ||||||
| 9 | only offer a group or individual policy of accident and health | ||||||
| 10 | insurance that: | ||||||
| 11 | (1) does not require a covered individual to pay a | ||||||
| 12 | deductible for covered prescription drugs; and | ||||||
| 13 | (2) provides that the cost-sharing requirement for a | ||||||
| 14 | covered individual for any given prescription drug may not | ||||||
| 15 | exceed the amount of the copayment or coinsurance specified | ||||||
| 16 | in the policy's summary of benefits and coverage. | ||||||
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| 1 | (b) The requirements imposed under subsection (a) do not | ||||||
| 2 | apply to any high deductible health plan, as defined by Section | ||||||
| 3 | 223 of the Internal Revenue Code. High deductible health plans | ||||||
| 4 | described in this subsection may not impose a deductible | ||||||
| 5 | requirement with respect to any preventative care identified by | ||||||
| 6 | the Internal Revenue Service in accordance with Section | ||||||
| 7 | 223(c)(2)(C) of the Internal Revenue Code.
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| 8 | Section 99. Effective date. This Act takes effect January | ||||||
| 9 | 1, 2021.".
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