99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
HB3147

 

Introduced , by Rep. Michael W. Tryon

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 132/15

    Amends the Illinois Long-Term Care Partnership Program Act. Provides that for every qualified long-term care partnership policy, the General Assembly shall approve any increase in premiums greater than 10% before that premium increase takes effect. Effective immediately.


LRB099 09964 MLM 30183 b

 

 

A BILL FOR

 

HB3147LRB099 09964 MLM 30183 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Long-Term Care Partnership Program
5Act is amended by changing Section 15 as follows:
 
6    (215 ILCS 132/15)
7    Sec. 15. Illinois Long-term Care Partnership Program.
8    (a) In accordance with Title VI, Section 6021 of the
9federal Deficit Reduction Act of 2005, there shall be
10established the Illinois Long-Term Care Partnership Program,
11to be administered by the Agency with the assistance of the
12Department to do the following:
13        (1) provide incentives for individuals to insure
14    against the costs of providing for their long-term care
15    needs;
16        (2) provide a mechanism for individuals to qualify for
17    coverage of the cost of their long-term care needs under
18    Medicaid without first being required to substantially
19    exhaust their resources;
20        (3) provide counseling services to individuals
21    planning for their long-term care needs; and
22        (4) alleviate the financial burden on the State's
23    medical assistance program by encouraging the pursuit of

 

 

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1    private initiatives.
2    (b) The Agency shall:
3        (1) Within 180 days of the effective date of this Act,
4    or as soon thereafter as possible, make application to the
5    federal Department of Health and Human Services for a State
6    plan amendment to establish that, if an individual is a
7    beneficiary of a long-term care partnership program
8    certified policy, the total assets an individual owns and
9    may retain under Medicaid and still qualify for benefits
10    under Medicaid at the time the individual applies for
11    long-term care benefits are increased by $1 for each $1 of
12    benefit paid out under the individual's long-term care
13    partnership program certified insurance policy.
14        (2) Provide information and technical assistance to
15    the Department on the Department's role in assuring that
16    any individual who sells a qualified long-term care
17    insurance partnership policy receives training and
18    demonstrates evidence of an understanding of such policies
19    and how they relate to other public and private coverage of
20    long-term care.
21    (c) The Department may not impose any requirement affecting
22the terms or benefits of qualified long-term care partnership
23policies unless the Department imposes the requirement on all
24long-term care policies sold in Illinois without regard to
25whether the policy is covered under the partnership or is
26offered in connection with the partnership.

 

 

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1    (d) The issuers of qualified long-term care partnership
2policies in Illinois shall provide regular reports to the
3Secretary of the federal Department of Health and Human
4Services, in accordance with federal regulation. Issuers of
5qualified long-term care partnership policies in Illinois
6shall provide appropriate reports to the Agency and to the
7Department as determined by those entities.
8    (e) For every qualified long-term care partnership policy,
9the General Assembly shall approve any increase in premiums
10greater than 10% before that premium increase takes effect.
11(Source: P.A. 95-200, eff. 8-16-07.)
 
12    Section 99. Effective date. This Act takes effect upon
13becoming law.