Bill Title: Reinserts the provisions of the introduced bill with the following changes. Further amends the Illinois Insurance Code. Repeals a provision requiring certain policies to offer, for an additional premium and subject to the insurer's standard of insurability, optional coverage or optional reimbursement for hearing instruments and related services for all individuals when a hearing care professional prescribes a hearing instrument to augment communication. Makes conforming changes. In a provision concerning the scope of the Casualty Insurance, Fidelity Bonds and Surety Contracts Article, includes certain policies that are not otherwise excluded under the Unauthorized Companies Article. Removes changes to a provision concerning fraud reporting. Further amends the State Employees Group Insurance Act of 1971, the Counties Code, the Illinois Municipal Code, and the School Code. Requires coverage or reimbursement for hearing aids. Makes other changes. Amends the Voluntary Health Services Plans Act to make a conforming change. Effective immediately, except that certain provisions are effective January 1, 2025.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Engrossed) 2024-04-24 - Referred to Assignments [HB5493 Detail]

Text: Latest bill text (Engrossed) [HTML]

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