IL HB4025 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 23 2023 - 25% progression
Action: 2023-03-23 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Network Adequacy and Transparency Act. Provides that the Department of Insurance shall create a Network Adequacy Unit within the Department for the purpose of investigating insurers for compliance with the Act and enforcing its provisions. Provides that the Director of Insurance may hire and retain insurance analysts, managers, actuaries, and any other staff necessary to operate the Network Adequacy Unit. Provides that the Director may, in the Director's sole discretion, publicly acknowledge the existence of an ongoing network adequacy market conduct examination before filing the examination report. Effective July 1, 2023.

Tracking Information

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Title

DEPT INS-NETWORK ADEQUACY UNIT

Sponsors


History

DateChamberAction
2023-03-23HouseReferred to Rules Committee
2023-03-23HouseFirst Reading
2023-03-23HouseFiled with the Clerk by Rep. Sue Scherer

Code Citations

ChapterArticleSectionCitation TypeStatute Text
21512430Amended CodeCitation Text

Illinois State Sources


Bill Comments

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