SB2355enr 99TH GENERAL ASSEMBLY

SB2355 Enrolled LRB099 16016 MLM 40334 b

AN ACT concerning regulation.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Insurance Code is amended by adding Section 355.4 as follows:

(215 ILCS 5/355.4 new)

Sec. 355.4. Provider notification of network plan changes. Any contract entered into or renewed on or after the effective date of this amendatory Act of the 99th General Assembly that allows the rights and obligations of the contract to be assigned or leased to another insurer shall provide for notice of that assignment or lease within 30 days after the assignment or lease to the contracting dentist.

Section 99. Effective date. This Act takes effect upon becoming law.