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HB1577 - 104th General Assembly
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| 1 | AN ACT concerning regulation. | ||||||
| 2 | Be it enacted by the People of the State of Illinois, | ||||||
| 3 | represented in the General Assembly: | ||||||
| 4 | Section 5. The Illinois Insurance Code is amended by | ||||||
| 5 | changing Section 356z.73 as follows: | ||||||
| 6 | (215 ILCS 5/356z.73) | ||||||
| 7 | (This Section may contain text from a Public Act with a | ||||||
| 8 | delayed effective date) | ||||||
| 9 | Sec. 356z.73 356z.71. Insurance coverage for dependent | ||||||
| 10 | parents. | ||||||
| 11 | (a) A group or individual policy of accident and health | ||||||
| 12 | insurance issued, amended, delivered, or renewed after January | ||||||
| 13 | 1, 2026 that provides dependent coverage shall make that | ||||||
| 14 | dependent coverage available to the parent or stepparent of | ||||||
| 15 | the insured if the parent or stepparent meets the definition | ||||||
| 16 | of a qualifying relative under 26 U.S.C. 152(d) and lives or | ||||||
| 17 | resides within the accident and health insurance policy's | ||||||
| 18 | service area. | ||||||
| 19 | (b) This Section does not apply to specialized health care | ||||||
| 20 | service plans, including student health insurance coverage; | ||||||
| 21 | Medicare supplement insurance; , hospital-only policies; , | ||||||
| 22 | accident-only policies; , or specified disease insurance | ||||||
| 23 | policies that reimburse for hospital, medical, or surgical | ||||||
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| 1 | expenses. | ||||||
| 2 | (Source: P.A. 103-700, eff. 1-1-25; revised 9-25-24.) | ||||||
| 3 | Section 99. Effective date. This Act takes effect upon | ||||||
| 4 | becoming law. | ||||||