102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
SB1450

 

Introduced 2/25/2021, by Sen. Dan McConchie

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/155.20  from Ch. 73, par. 767.20

    Amends the Illinois Insurance Code. Makes a technical change in a Section concerning arbitration of medical malpractice disputes.


LRB102 11228 BMS 16560 b

 

 

A BILL FOR

 

SB1450LRB102 11228 BMS 16560 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Insurance Code is amended by
5changing Section 155.20 as follows:
 
6    (215 ILCS 5/155.20)  (from Ch. 73, par. 767.20)
7    Sec. 155.20. All final arbitration decisions rendered in
8relation to disputes or controversies arising out of injuries
9allegedly caused by reason of hospital or health care provider
10malpractice shall be recognized by any insurance company doing
11business in the the State of Illinois and all findings of facts
12relating to liability and awards of damages in relation
13thereto which are a part of the final arbitration decision
14shall be binding on such insurance companies.
15(Source: P.A. 79-1435.)