(215 ILCS 123/45)
Sec. 45.
Disclosure requirements.
In connection with the
offering for sale of any health insurance contract or certificate
under the contract to an HPG sponsor, HPG, employer, and employee, a
risk-bearer
shall make a reasonable disclosure, as part of its solicitation
and sales materials of all of the following:
(1) the provisions of the health insurance contracts
concerning the risk-bearer's right to change premium rates
and the factors, other than claim experience, that affect
changes in premium rates;
(2) the provisions relating to renewability of policies and
contracts;
(3) the provisions relating to any preexisting condition
provision; and
(4) the provisions relating to portability provisions.
(Source: P.A. 90-337, eff. 1-1-98; 90-567, eff. 1-23-98.)
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