Bill Text: IL SB1187 | 2013-2014 | 98th General Assembly | Introduced
Bill Title: Amends the Illinois Insurance Code. Makes a technical change in a Section relating to long-term care insurance.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2015-01-13 - Session Sine Die [SB1187 Detail]
Download: Illinois-2013-SB1187-Introduced.html
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1 | AN ACT concerning regulation.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Insurance Code is amended by | |||||||||||||||||||
5 | changing Section 351A-2 as follows:
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6 | (215 ILCS 5/351A-2) (from Ch. 73, par. 963A-2)
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7 | Sec. 351A-2. Group policy issued in another state. No group | |||||||||||||||||||
8 | long-term
care insurance coverage may be offered to a resident | |||||||||||||||||||
9 | of this this State under a
group policy issued in another state | |||||||||||||||||||
10 | to a group described in paragraph (4)
of subsection (e) of | |||||||||||||||||||
11 | Section 351A-1, unless the Director determines that
this State | |||||||||||||||||||
12 | or another state having statutory and regulatory long-term care
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13 | insurance requirements substantially similar to those adopted | |||||||||||||||||||
14 | in this State
has made a determination that such requirements | |||||||||||||||||||
15 | have been met.
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16 | (Source: P.A. 85-1172; 85-1174; 85-1440.)
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