IL SB1618 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Insurance Code. Provides that a health insurance issuer offering group or individual health insurance coverage shall, with respect to each plan year, provide an annual rebate to each enrollee under such coverage, on a pro rata basis, if the medical loss ratio for the plan year meets specified criteria. Sets forth guidelines for calculating the medical loss ratio. Effective immediately.

Tracking Information

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Title

INS CD-PREMIUM PAYMENTS

Sponsors


History

DateChamberAction
2013-01-08SenateSession Sine Die
2011-03-18SenateRule 3-9(a) / Re-referred to Assignments
2011-03-10SenateTo Insurance Subcommittee on Insurance Mandates and Insurance Issues
2011-02-23SenateAssigned to Insurance
2011-02-09SenateReferred to Assignments
2011-02-09SenateFirst Reading
2011-02-09SenateFiled with Secretary by Sen. Heather A. Steans

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2155356Z.26New CodeSee Bill Text

Illinois State Sources


Bill Comments

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