Synopsis As Introduced Amends the Dental Service Plan Act. Requires dental service plan corporations to comply with provisions of the Illinois Insurance Code concerning reinsurance. Effective immediately.
Further amends the Dental Service Plan Act. Provides that dental service plans may enter into reinsurance agreements for dental service subject to provisions of the Illinois Insurance Code concerning reinsurance. Provides that all reinsurance agreements must be filed with the Director of Insurance. Provides that a reinsurance agreement not disapproved by the Director within 30 days after its submission shall be deemed approved.