Illinois General Assembly

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 Bill Status of SB1618  97th General Assembly


Short Description:  INS CD-PREMIUM PAYMENTS

Senate Sponsors
Sen. Heather A. Steans

Last Action
DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
215 ILCS 5/356Z.26 new


Synopsis As Introduced
Amends the Illinois Insurance Code. Provides that a health insurance issuer offering group or individual health insurance coverage shall, with respect to each plan year, provide an annual rebate to each enrollee under such coverage, on a pro rata basis, if the medical loss ratio for the plan year meets specified criteria. Sets forth guidelines for calculating the medical loss ratio. Effective immediately.

Actions 
DateChamber Action
  2/9/2011SenateFiled with Secretary by Sen. Heather A. Steans
  2/9/2011SenateFirst Reading
  2/9/2011SenateReferred to Assignments
  2/23/2011SenateAssigned to Insurance
  3/10/2011SenateTo Insurance Subcommittee on Insurance Mandates and Insurance Issues
  3/18/2011SenateRule 3-9(a) / Re-referred to Assignments
  1/8/2013SenateSession Sine Die

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