(215 ILCS 165/15.5) (from Ch. 32, par. 609.5)
Sec. 15.5.
Conversion Privilege-Group Type Contracts.
(1) Every service plan contract of a health service plan corporation which
provides that the continued coverage of a beneficiary is contingent upon
the continued employment or membership of the subscriber with a particular
employer, union, or association shall further provide for the right of said
person to make application for an individual service plan contract under
the circumstances and in accordance with the requirements set forth in
Sections
367e and 367e.1 of the "Illinois Insurance Code". The application of
Sections 367e and 367e.1 of the Code shall not be construed
in such a manner
as to require a health service plan corporation to furnish a service or
kind of benefit not customarily provided by such corporation and which is
inconsistent with the provision of this Act.
(2) The requirements of this Section shall apply to all such contracts
delivered, issued for delivery, renewed or amended on or after 180 days
following the effective date of this Section.
(Source: P.A. 93-477, eff. 1-1-04.)
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