Illinois General Assembly - Bill Status for HB4549

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Bill Status of HB4549 93rd General Assembly

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Short Description: INS-ASSESSMENTS

House Sponsors
Rep. Frank J. Mautino

Last Action

Date	Chamber	Action
3/2/2004	House	Tabled By Sponsor Rep. Frank J. Mautino

Statutes Amended In Order of Appearance

215 ILCS 105/2

from Ch. 73, par. 1302

215 ILCS 105/12

from Ch. 73, par. 1312

Synopsis As Introduced
Amends the Illinois Insurance Code. In provisions defining an insurer, adds any self-insurance arrangement covered by stop-loss insurance that provides health care benefits in this State. In provisions requiring any deficit incurred or expected to be incurred on behalf of federally eligible individuals who qualify for Plan coverage be recouped by an assessment of insurers, provides instruction for computing an assessment. Requires each insurer to pay its assessment as required by the Plan. Requires that if assessments exceed the amounts actually needed, the excess shall be held and invested and used by the Plan to offset future net losses or reduce pool premiums. Defines future net losses. Makes other changes.

Actions

Date	Chamber	Action
2/3/2004	House	Filed with the Clerk by Rep. Frank J. Mautino
2/3/2004	House	First Reading
2/3/2004	House	Referred to Rules Committee
2/9/2004	House	Assigned to Revenue Committee
2/18/2004	House	Re-assigned to Executive Committee
3/2/2004	House	Tabled By Sponsor Rep. Frank J. Mautino

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