Bill Title: Creates the Health Insurance Rate Review Act. Creates the independent quasi-judicial Health Insurance Rate Review Board to ensure insurance rates are reasonable and justified. Sets forth duties and prohibited activities concerning the Board. Creates the Health Insurance Rate Review Board Nomination Panel to provide a list of nominees to the Governor for appointment to the Health Insurance Rate Review Board. Sets forth the procedures for nomination. Provides requirements and procedures for health carriers to file current and proposed rates and rate schedules with the Health Insurance Rate Review Board. Provides that the Board shall review and approve or disapprove all rates and rate schedules filed or used by a health carrier. Sets forth provisions concerning rate standards, public notice, hearings, and the disapproval and approval of rates and rate schedules.

Spectrum: Partisan Bill (Democrat 26-0)

Status: (Failed) 2018-11-28 - Total Veto Stands - No Positive Action Taken [HB2624 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Veto Message	2018-08-27	HTML/Text	Link	View
Enrolled	2018-06-08	HTML/Text	Link	View
Engrossed	2017-04-26	HTML/Text	Link	View
Introduced	2017-02-08	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
Senate Amendment 003	2018-05-22	Proposed	HTML/Text	Link	View
Senate Amendment 002	2018-05-16	Proposed	HTML/Text	Link	View
Senate Amendment 001	2018-05-09	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB2624 currently on file.

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