IL SB1590 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 19-0)
Status: Introduced on February 26 2021 - 25% progression, died in committee
Action: 2021-05-21 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Insurance Code and the Health Maintenance Organization Act. Provides that all individual and small group accident and health policies written subject to certain federal standards must file rates with the Department of Insurance for approval. Provides that unreasonable rate increases or inadequate rates shall be disapproved. Requires the Department to provide a report to the General Assembly on or before January 1, 2023 regarding both on and off exchange individual and small group rates in the Illinois market. Requires that the Department approve or deny rate filings within 45 calendar days of submission unless the Director of Insurance extends the period by following specific procedures. Provides that a rate increase that is not approved or denied by the Department by the applicable deadline shall be automatically approved on the following calendar day. Provides that no less than 30 days after the federal Centers for Medicare and Medicaid Services has certified the plans described in this Section for the upcoming plan year, the Department shall publish on its website a report explaining the rates for that plan year's certified health care plans. Defines "inadequate rate" and "unreasonable rate increase". Effective immediately.

Tracking Information

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Title

INS-HEALTH CARE RATE CHANGES

Sponsors


History

DateChamberAction
2021-05-21SenateRule 3-9(a) / Re-referred to Assignments
2021-05-10SenateRe-assigned to Insurance
2021-05-10SenateRule 2-10 Committee/3rd Reading Deadline Established As May 21, 2021
2021-05-07SenateRule 3-9(a) / Re-referred to Assignments
2021-04-30SenateRule 2-10 Committee/3rd Reading Deadline Established As May 7, 2021
2021-04-29SenateAdded as Co-Sponsor Sen. Christopher Belt
2021-04-29SenateAdded as Co-Sponsor Sen. Robert F. Martwick
2021-04-29SenateAdded as Co-Sponsor Sen. Cristina Castro
2021-04-29SenateAdded as Co-Sponsor Sen. Melinda Bush
2021-04-29SenateAdded as Co-Sponsor Sen. Laura M. Murphy
2021-04-29SenateAdded as Co-Sponsor Sen. Julie A. Morrison
2021-04-29SenateAdded as Co-Sponsor Sen. Karina Villa
2021-04-29SenateAdded as Co-Sponsor Sen. Omar Aquino
2021-04-29SenateAdded as Co-Sponsor Sen. Robert Peters
2021-04-29SenateAdded as Co-Sponsor Sen. Mattie Hunter
2021-04-29SenateAdded as Co-Sponsor Sen. Jacqueline Y. Collins
2021-04-29SenateAdded as Co-Sponsor Sen. Ram Villivalam
2021-04-28SenateAdded as Co-Sponsor Sen. Mike Simmons
2021-04-28SenateAdded as Chief Co-Sponsor Sen. Sara Feigenholtz
2021-04-28SenateAdded as Co-Sponsor Sen. Adriane Johnson
2021-04-28SenateAdded as Co-Sponsor Sen. Cristina H. Pacione-Zayas
2021-04-23SenateRule 2-10 Committee/3rd Reading Deadline Established As April 30, 2021
2021-04-21SenateAdded as Co-Sponsor Sen. Celina Villanueva
2021-04-16SenateRule 2-10 Committee Deadline Established As April 23, 2021
2021-04-15SenatePostponed - Insurance
2021-04-14SenateAdded as Chief Co-Sponsor Sen. Ann Gillespie
2021-03-09SenateAssigned to Insurance
2021-02-26SenateReferred to Assignments
2021-02-26SenateFirst Reading
2021-02-26SenateFiled with Secretary by Sen. Laura Fine

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2151254-12Amended CodeCitation Text
2155355Amended CodeCitation Text

Illinois State Sources


Bill Comments

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