|
| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1466 Introduced 2/17/2021, by Rep. Emanuel Chris Welch SYNOPSIS AS INTRODUCED:
| | 215 ILCS 5/351A-4 | from Ch. 73, par. 963A-4 |
|
Amends the Illinois Insurance Code. Makes a technical change in a Section
relating to long-term care insurance.
|
| |
| | A BILL FOR |
|
|
| | HB1466 | | LRB102 03482 BMS 13495 b |
|
|
| 1 | | AN ACT concerning regulation.
|
| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
|
| 4 | | Section 5. The Illinois Insurance Code is amended by |
| 5 | | changing Section 351A-4 as follows:
|
| 6 | | (215 ILCS 5/351A-4) (from Ch. 73, par. 963A-4)
|
| 7 | | Sec. 351A-4. Limitation. No long-term care insurance |
| 8 | | policy may:
|
| 9 | | (1) Be cancelled, nonrenewed or otherwise terminated |
| 10 | | on grounds of the
the
age or the deterioration of the |
| 11 | | mental or physical health of the insured
individual or |
| 12 | | certificate holder.
|
| 13 | | (2) Contain a provision establishing a new waiting |
| 14 | | period in the event
existing coverage is converted to or |
| 15 | | replaced by a new or other form, except
with respect to an |
| 16 | | increase in benefits
voluntarily selected by the insured |
| 17 | | individual or group policyholder.
|
| 18 | | (3) Provide coverage for skilled nursing care only or |
| 19 | | provide
significantly more coverage for skilled care in a |
| 20 | | facility than coverage
for lower levels of care.
|
| 21 | | (Source: P.A. 92-148, eff. 7-24-01.)
|