Date	Chamber	Action
1/13/2015	Senate	Session Sine Die

Statutes Amended In Order of Appearance

215 ILCS 5/351A-11.1 new

215 ILCS 5/355

from Ch. 73, par. 967

Synopsis As Introduced
Amends the Illinois Insurance Code. Provides that, with respect to long-term care insurance coverage, no policy or certificate, or modification thereof, shall be issued or delivered to any person in this State until the classification of risks and the premium rates pertaining thereto have been approved by the Director of Insurance and that any subsequent addition to or change in premium rates shall also be subject to the Director's approval. Sets forth provisions concerning the standards for approval, determinations by the Director, and public hearings. Provides that, with respect to long-term care insurance, a filing of premium rates shall not be considered complete unless it contains all information necessary to justify the premium rate and such other information as the Director may require to determine the rate's compliance with the provision concerning long-term care insurance rates and prior approval. Sets forth additional requirements for rate filings. Effective immediately.

Actions 

Date	Chamber	Action
11/7/2014	Senate	Filed with Secretary by Sen. William R. Haine
11/7/2014	Senate	First Reading
11/7/2014	Senate	Referred to Assignments
1/13/2015	Senate	Session Sine Die

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