IL SB3381 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 10 2010 - 25% progression, died in committee
Action: 2010-03-08 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Comprehensive Health Insurance Plan Act. Provides that any deficit incurred or expected to be incurred on behalf of eligible persons who qualify for plan coverage under the provisions concerning eligibility shall be recouped by an assessment of all insurers made in accordance with the provisions concerning deficit or surplus (instead of by an appropriation made by the General Assembly). Provides that the Comprehensive Health Insurance Plan Board shall, within 90 days after the effective date of the amendatory Act and within the first quarter of each fiscal year thereafter, assess all insurers for the anticipated deficit. Provides that the Board may also make additional assessments no more than 4 times a year to fund unanticipated deficits, implementation expenses, and cash flow needs. Makes a technical change to update Section numbering. Effective immediately.

Tracking Information

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Title

CHIP-RECOUP DEFICITS

Sponsors


History

DateChamberAction
2010-03-08 Rule 3-9(a) / Re-referred to Assignments
2010-03-04 Postponed - Insurance
2010-02-24 Assigned to Insurance
2010-02-10 Referred to Assignments
2010-02-10 First Reading
2010-02-10 Filed with Secretary by Sen. Jeffrey M. Schoenberg

Illinois State Sources


Bill Comments

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