Illinois General Assembly - Bill Status for HB3968
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 Bill Status of HB3968  9th General Assembly

Short Description:  INS-CD-PREMIUM RATES

House Sponsors
Rep. Monique D. Davis - Greg Harris - Mary E. Flowers

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

Statutes Amended In Order of Appearance
215 ILCS 5/355from Ch. 73, par. 967
215 ILCS 5/355.01 new
215 ILCS 5/367from Ch. 73, par. 979
215 ILCS 125/2-11.1 new
215 ILCS 125/5-3from Ch. 111 1/2, par. 1411.2

Synopsis As Introduced
Amends the Illinois Insurance Code. Provides that a filing of premium rates with the Director of Insurance shall not be complete unless it contains all information necessary to justify the premium rate and such other information as the Director may require to determine the rate's compliance with the provision concerning health insurance premium rates and prior approval. Provides that the filing shall clearly indicate the percentage change from certain prior rates. Sets forth provisions concerning health insurance premium rates and prior approval of the Director. Prohibits policies, plans, and contracts of health insurance coverage offered by a health insurance issuer from being issued or delivered until the classification of risks and the premium rates pertaining thereto have been approved by the Director. Contains provisions concerning approvals, appeals, and requests for actuarial reasoning and data. Makes changes to the provision concerning group accident and health insurance. Amends the Health Maintenance Organization Act. Sets forth provisions concerning premium rates and filing and prior approval. Requires that the schedule of base rates for a group or individual contract or evidence of coverage to be used in conjunction with the contract or evidence of coverage be filed with the Director. Further amends the Act to comport with the provisions of the Illinois Insurance Code concerning health insurance premium rates and prior approval. Effective on January 1, 2013.

DateChamber Action
  1/9/2012HouseFiled with the Clerk by Rep. Monique D. Davis
  1/10/2012HouseFirst Reading
  1/10/2012HouseReferred to Rules Committee
  1/30/2012HouseAssigned to Insurance Committee
  2/8/2012HouseAdded Chief Co-Sponsor Rep. Greg Harris
  2/8/2012HouseAdded Chief Co-Sponsor Rep. Mary E. Flowers
  3/6/2012HouseMotion Do Pass - Lost Insurance Committee; 006-011-000
  3/6/2012HouseRemains in Insurance Committee
  3/9/2012HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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