HEALTH INS RATE REV House SponsorsRep. Mary E. Flowers Insurance Committee Hearing Mar 9 2010 2:00PM Capitol Building Room 114 Springfield, IL 3/9/2010HouseTabled Pursuant to Rule 22(g) New Act Creates the Health Insurance Rate Review Act. Creates the independent quasi-judicial Health Insurance Rate Review Board to ensure insurance rates are reasonable and justified. Sets forth duties and prohibited activities concerning the Board. Creates the Health Insurance Rate Review Board Nomination Panel to provide a list of nominees to the Governor for appointment to the Health Insurance Rate Review Board. Sets forth the procedures for nomination. Provides requirements and procedures for health carriers to file current and proposed rates and rate schedules with the Health Insurance Rate Review Board. Provides that the Board shall review and approve or disapprove all rates and rate schedules filed or used by a health carrier. Sets forth provisions concerning rate standards, public notice, hearings, and the disapproval and approval of rates and rate schedules. 2/10/2010HouseFiled with the Clerk by Rep. Mary E. Flowers 2/10/2010HouseFirst Reading 2/10/2010HouseReferred to Rules Committee 2/22/2010HouseAssigned to Insurance Committee 3/2/2010HouseMotion Do Pass - Lost Insurance Committee; 007-009-002 3/2/2010HouseRemains in Insurance Committee 3/9/2010HouseMotion Do Pass - Lost Insurance Committee; 010-005-000 3/9/2010HouseTabled Pursuant to Rule 22(g)