Bill Status of SB1590  102nd General Assembly


Short Description:  INS-HEALTH CARE RATE CHANGES

Senate Sponsors
Sen. Laura Fine - Ann Gillespie - Sara Feigenholtz, Celina Villanueva, Cristina H. Pacione-Zayas, Adriane Johnson, Mike Simmons, Ram Villivalam, Jacqueline Y. Collins, Mattie Hunter, Robert Peters, Omar Aquino, Karina Villa, Julie A. Morrison, Laura M. Murphy, Melinda Bush, Cristina Castro, Robert F. Martwick and Christopher Belt

Last Action
DateChamber Action
  5/21/2021SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
215 ILCS 5/355from Ch. 73, par. 967
215 ILCS 125/4-12from Ch. 111 1/2, par. 1409.5


Synopsis As Introduced
Amends the Illinois Insurance Code and the Health Maintenance Organization Act. Provides that all individual and small group accident and health policies written subject to certain federal standards must file rates with the Department of Insurance for approval. Provides that unreasonable rate increases or inadequate rates shall be disapproved. Requires the Department to provide a report to the General Assembly on or before January 1, 2023 regarding both on and off exchange individual and small group rates in the Illinois market. Requires that the Department approve or deny rate filings within 45 calendar days of submission unless the Director of Insurance extends the period by following specific procedures. Provides that a rate increase that is not approved or denied by the Department by the applicable deadline shall be automatically approved on the following calendar day. Provides that no less than 30 days after the federal Centers for Medicare and Medicaid Services has certified the plans described in this Section for the upcoming plan year, the Department shall publish on its website a report explaining the rates for that plan year's certified health care plans. Defines "inadequate rate" and "unreasonable rate increase". Effective immediately.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Laura Fine
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments
  3/9/2021SenateAssigned to Insurance
  4/14/2021SenateAdded as Chief Co-Sponsor Sen. Ann Gillespie
  4/15/2021SenatePostponed - Insurance
  4/16/2021SenateRule 2-10 Committee Deadline Established As April 23, 2021
  4/21/2021SenateAdded as Co-Sponsor Sen. Celina Villanueva
  4/23/2021SenateRule 2-10 Committee/3rd Reading Deadline Established As April 30, 2021
  4/28/2021SenateAdded as Co-Sponsor Sen. Cristina H. Pacione-Zayas
  4/28/2021SenateAdded as Co-Sponsor Sen. Adriane Johnson
  4/28/2021SenateAdded as Chief Co-Sponsor Sen. Sara Feigenholtz
  4/28/2021SenateAdded as Co-Sponsor Sen. Mike Simmons
  4/29/2021SenateAdded as Co-Sponsor Sen. Ram Villivalam
  4/29/2021SenateAdded as Co-Sponsor Sen. Jacqueline Y. Collins
  4/29/2021SenateAdded as Co-Sponsor Sen. Mattie Hunter
  4/29/2021SenateAdded as Co-Sponsor Sen. Robert Peters
  4/29/2021SenateAdded as Co-Sponsor Sen. Omar Aquino
  4/29/2021SenateAdded as Co-Sponsor Sen. Karina Villa
  4/29/2021SenateAdded as Co-Sponsor Sen. Julie A. Morrison
  4/29/2021SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  4/29/2021SenateAdded as Co-Sponsor Sen. Melinda Bush
  4/29/2021SenateAdded as Co-Sponsor Sen. Cristina Castro
  4/29/2021SenateAdded as Co-Sponsor Sen. Robert F. Martwick
  4/29/2021SenateAdded as Co-Sponsor Sen. Christopher Belt
  4/30/2021SenateRule 2-10 Committee/3rd Reading Deadline Established As May 7, 2021
  5/7/2021SenateRule 3-9(a) / Re-referred to Assignments
  5/10/2021SenateRule 2-10 Committee/3rd Reading Deadline Established As May 21, 2021
  5/10/2021SenateRe-assigned to Insurance
  5/21/2021SenateRule 3-9(a) / Re-referred to Assignments