HB1374 101ST GENERAL ASSEMBLY

LRB101 03428 SMS 48436 b

101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB1374

Introduced , by Rep. Michael J. Madigan

SYNOPSIS AS INTRODUCED:

215 ILCS 5/351A-4

from Ch. 73, par. 963A-4

Amends the Illinois Insurance Code. Makes a technical change in a Section relating to long-term care insurance.

A BILL FOR

AN ACT concerning regulation.

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

Section 5. The Illinois Insurance Code is amended by changing Section 351A-4 as follows:

(215 ILCS 5/351A-4) (from Ch. 73, par. 963A-4)

Sec. 351A-4. Limitation. No long-term care insurance policy may:

(1) Be cancelled, nonrenewed or otherwise terminated on grounds of the the age or the deterioration of the mental or physical health of the insured individual or certificate holder.

(2) Contain a provision establishing a new waiting period in the event existing coverage is converted to or replaced by a new or other form, except with respect to an increase in benefits voluntarily selected by the insured individual or group policyholder.

(3) Provide coverage for skilled nursing care only or provide significantly more coverage for skilled care in a facility than coverage for lower levels of care.

(Source: P.A. 92-148, eff. 7-24-01.)