IL HB5433 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Medical Assistance Article of the Illinois Public Aid Code. Requires the Department of Healthcare and Family Services to calculate the payout ratios reported by managed care organizations no less frequently than annually and to post these calculations on its website. Provides that the minimum payout ratio shall be 85% and that a managed care organization not meeting the 85% threshold must refund to the State, for each coverage year, an amount equal to the difference between the calculated payout ratio and 85% multiplied by coverage year revenue for that managed care organization. Defines "payment ratio". Requires the Department to exclusively use paid claims data submitted by managed care organizations in establishing managed care capitation rates. Provides that managed care organizations shall not be reimbursed by the State for any costs associated with health insurance fees.

Tracking Information

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Title

MEDICAID-MCO-PAYOUT RATIOS

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2018-04-18HouseAdded Chief Co-Sponsor Rep. Emanuel Chris Welch
2018-04-13HouseRule 19(a) / Re-referred to Rules Committee
2018-04-11HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2018-04-11HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Fred Crespo
2018-03-05HouseAssigned to Appropriations-Human Services Committee
2018-02-16HouseReferred to Rules Committee
2018-02-16HouseFirst Reading
2018-02-16HouseFiled with the Clerk by Rep. Fred Crespo

Code Citations

ChapterArticleSectionCitation TypeStatute Text
30555-30Amended CodeCitation Text

Illinois State Sources


Bill Comments

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