Bill Text: IL HB2677 | 2015-2016 | 99th General Assembly | Enrolled

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Amends the Dental Service Plan Act. Requires dental service plan corporations to comply with provisions of the Illinois Insurance Code concerning reinsurance. Effective immediately.

Sponsorship: Moderate Partisan Bill (Democrat 12-3)

Status: (Passed) 2015-07-28 - Public Act . . . . . . . . . 99-0151 [HB2677 Detail]

Download: Illinois-2015-HB2677-Enrolled.html

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AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Dental Service Plan Act is amended by
changing Section 25 and adding Section 27.1 as follows:
(215 ILCS 110/25) (from Ch. 32, par. 690.25)
Sec. 25. Application of Insurance Code provisions. Dental
service plan corporations and all persons interested therein or
dealing therewith shall be subject to the provisions of
Articles IIA, XI, and XII 1/2 and Sections 3.1, 133, 136, 139,
140, 143, 143c, 149, 355.2, 355.3, 367.2, 401, 401.1, 402, 403,
403A, 408, 408.2, and 412, and subsection (15) of Section 367
of the Illinois Insurance Code.
(Source: P.A. 97-486, eff. 1-1-12; 97-805, eff. 1-1-13.)
(215 ILCS 110/27.1 new)
Sec. 27.1. Reinsurance agreement; filing. A dental service
plan may enter into reinsurance agreements for dental service.
Any reinsurance agreement shall be subject to the provisions of
the laws of this State regarding reinsurance as provided in
Article XI of the Illinois Insurance Code. All reinsurance
agreements must be filed with the Director. A reinsurance
agreement which is not disapproved by the Director within 30

HB2677 Enrolled - 2 - LRB099 07635 MLM 27766 b
days after its submission shall be deemed approved.
Section 99. Effective date. This Act takes effect upon
becoming law.