Illinois House Bill 5508 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 5 2010 - 25% progression, died in committee
Action: 2010-02-05 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Insurance Code and the Health Maintenance Organization Act. Provides that no insurer shall rescind or cancel an accident and health insurance policy, except certain types of policies, on the basis of written information submitted on, with, or omitted from an insurance application. Provides that an insurance policy may not be rescinded or cancelled under the provisions concerning approval of health insurance rescissions more than 2 years after the effective date of the policy. Provides that an insurer shall apply for approval of a rescission or cancellation by submitting written information to the Director of Insurance. Sets forth provisions concerning the review and approval of rescissions and cancellations. Provides that an insurer or insured may appeal a decision by making a written request for a hearing within 30 days after the date the decision is mailed. Makes other changes. Contains a nonacceleration clause. Effective July 1, 2010.

INS CD-RESCISSION APPROVAL

Rep. Elaine Nekritz [D]

Date	Chamber	Action
2010-02-05		Referred to Rules Committee
2010-02-05		First Reading
2010-02-05		Filed with the Clerk by Rep. Elaine Nekritz

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5508&GAID=10&DocTypeID=HB&SessionID=76&GA=96
Text	https://www.ilga.gov/legislation/96/HB/09600HB5508.htm