SB2174 97TH GENERAL ASSEMBLY

LRB097 09894 RPM 50054 b

97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB2174

Introduced 2/10/2011, by Sen. Bill Brady

SYNOPSIS AS INTRODUCED:

20 ILCS 1405/1405-40 new

Amends the Department of Insurance Law of the Civil Administrative Code of Illinois. Provides that the Department of Insurance shall request a waiver from the federal government regarding the federal Patient Protection and Affordable Care Act's (PPACA) medical loss ratio provisions. Provides that the Department shall conduct an analysis and study of and shall report to the General Assembly no later than January 1, 2012 concerning the implementation of PPACA in this State and the estimated impact of PPACA's year 2014 mandate concerning employers in this State.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning State government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Department of Insurance Law of the Civil Administrative Code of Illinois is amended by adding Section 1405-40 as follows:

(20 ILCS 1405/1405-40 new)

Sec. 1405-40. Waiver; study; Patient Protection and Affordable Care Act.

(a) The Department of Insurance shall request a waiver from the federal government regarding the federal Patient Protection and Affordable Care Act's medical loss ratio provisions.

(a) The Department of Insurance shall conduct an analysis and study of and shall report to the General Assembly no later than January 1, 2012 concerning the following:

(1) the status of the implementation of the federal Patient Protection and Affordable Care Act in this State; and

(2) the estimated impact of the federal Patient Protection and Affordable Care Act's year 2014 mandate concerning employers in this State.