Synopsis As Introduced Amends the Illinois Insurance Code. Provides that no policy of individual or group accident and health insurance issued, amended, delivered, or renewed on or after the effective date of this amendatory Act may impose any preexisting condition exclusion with respect to that plan or coverage.
State Mandates Fiscal Note (Dept. of Commerce & Economic Opportunity)
This legislation does not create a State mandate.
Fiscal Note (Dept of Insurance)
At present, HB 2959 would have no projected fiscal impact upon the Illinois Department of Insurance as it mirrors the current federal provisions as outlined in the Affordable Care Act (ACA).
Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill with the following changes: Further amends the Illinois Insurance Code. Provides that provisions prohibiting a policy of individual or group accident and health insurance from imposing a preexisting condition exclusion do not apply to short-term travel, disability income, long-term care, accident only, or limited or specified disease policies.