Bill Text: IL HB2977 | 2011-2012 | 97th General Assembly | Introduced

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Bill Title: Amends the Illinois Insurance Code. Provides that companies that issue accident and health insurance policies must disclose to each policy holder whether and to what extent that company has complied during the previous year with the medical loss ratio provisions of the federal Patient Protection and Affordable Care Act. Provides that the disclosure shall be issued to each policy holder upon enrollment and annually thereafter and shall include information explaining the rights of the policy holder under the federal Patient Protection and Affordable Care Act. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2013-01-08 - Session Sine Die [HB2977 Detail]

Download: Illinois-2011-HB2977-Introduced.html

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97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 HB2977 Introduced , by Rep. Mary E. Flowers SYNOPSIS AS INTRODUCED:
215 ILCS 5/368g new
Amends the Illinois Insurance Code. Provides that companies that issue accident and health insurance policies must disclose to each policy holder whether and to what extent that company has complied during the previous year with the medical loss ratio provisions of the federal Patient Protection and Affordable Care Act. Provides that the disclosure shall be issued to each policy holder upon enrollment and annually thereafter and shall include information explaining the rights of the policy holder under the federal Patient Protection and Affordable Care Act. Effective immediately.
LRB097 06280 RPM 46356 b
A BILL FOR
HB2977 LRB097 06280 RPM 46356 b
AN ACT concerning insurance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Insurance Code is amended by adding
Section 368g as follows:
(215 ILCS 5/368g new)
Sec. 368g. Medical loss ratio disclosure. Companies that
issue individual or group policies of accident and health
insurance must disclose to each policy holder whether and to
what extent that company has complied during the previous year
with the medical loss ratio provisions of the federal Patient
Protection and Affordable Care Act. The disclosure required by
this Section shall be issued to each policy holder upon
enrollment and annually thereafter and shall include
information explaining the rights of the policy holder under
the federal Patient Protection and Affordable Care Act.
Section 99. Effective date. This Act takes effect upon
becoming law.