Illinois House Bill 4147 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 17 2020 - 25% progression, died in committee
Action: 2020-01-22 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Insurance Code. Provides that issuers of all long-term care policies issued, amended, renewed, or delivered after the effective date of the amendatory Act must submit all proposed rate changes to the Director of Insurance for approval. Provides that the Director shall disapprove of rate increases he or she does not find to be reasonable in relation to benefits under the policy and that all rates are subject to all minimum loss ratio requirements under the Illinois Administrative Code. Requires the Department of Insurance to accept comments on specified rates and, on and after January 1, 2021, to submit an annual report regarding long-term rate changes in the Illinois market to the General Assembly. Effective immediately.

INS CODE-LONG-TERM CARE RATES

Rep. Jennifer Gong-Gershowitz [D]

Date	Chamber	Action
2020-01-22	House	Referred to Rules Committee
2020-01-22	House	First Reading
2020-01-17	House	Filed with the Clerk by Rep. Jennifer Gong-Gershowitz

Chapter	Article	Section	Citation Type	Statute Text
215	5	351A-7.5	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=4147&GAID=15&DocTypeID=HB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/HB/10100HB4147.htm