Full Text of SB2917 94th General Assembly
SB2917enr 94TH GENERAL ASSEMBLY
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| AN ACT concerning insurance.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Regulatory Sunset Act is amended by changing | 5 |
| Section 4.17 and by adding Section 4.27 as follows:
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| (5 ILCS 80/4.17)
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| Sec. 4.17. Acts repealed on January 1, 2007. The following | 8 |
| are repealed on
January 1, 2007:
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| The Boiler and Pressure Vessel Repairer Regulation | 10 |
| Act.
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| The Structural Pest Control Act.
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| Articles II, III, IV, V, V 1/2, VI, VIIA, VIIB, VIIC, | 13 |
| XVII,
XXXI, XXXI 1/4, and XXXI 3/4 of the Illinois | 14 |
| Insurance Code.
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| The Clinical Psychologist Licensing Act.
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| The Illinois Optometric Practice Act of 1987.
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| The Medical Practice Act of 1987.
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| The Environmental Health Practitioner Licensing Act.
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| (Source: P.A. 92-837, eff. 8-22-02.)
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| (5 ILCS 80/4.27 new) | 21 |
| Sec. 4.27. Act repealed on January 1, 2017. The following | 22 |
| are repealed on January 1, 2017: | 23 |
| Articles II, III, IV, V, V 1/2, VI, VIIA, VIIB, VIIC, XVII,
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| XXXI, XXXI 1/4, and XXXI 3/4 of the Illinois Insurance Code. | 25 |
| Section 10. The Illinois Insurance Code is amended by | 26 |
| changing Section 229.4a and by adding Section 356z.8 as | 27 |
| follows: | 28 |
| (215 ILCS 5/229.4a)
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| (Section scheduled to be repealed on July 1, 2007) |
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| Sec. 229.4a. Standard Non-forfeiture Law for Individual | 2 |
| Deferred
Annuities. | 3 |
| (1)
Title.
This Section shall be known as the Standard | 4 |
| Nonforfeiture Law for Individual Deferred Annuities. | 5 |
| (2) Applicability.
This Section shall not apply to any | 6 |
| reinsurance, group annuity purchased under a retirement plan or | 7 |
| plan of deferred compensation established or maintained by an | 8 |
| employer (including a partnership or sole proprietorship) or by | 9 |
| an employee organization, or by both, other than a plan | 10 |
| providing individual retirement accounts or individual | 11 |
| retirement annuities under Section 408 of the Internal Revenue | 12 |
| Code, as now or hereafter amended, premium deposit fund, | 13 |
| variable annuity, investment annuity, immediate annuity, any | 14 |
| deferred annuity contract after annuity payments have | 15 |
| commenced, or reversionary annuity, nor to any contract which | 16 |
| shall be delivered outside this State through an agent or other | 17 |
| representative of the company issuing the contract. | 18 |
| (3) Nonforfeiture Requirements. | 19 |
| (A) In the case of contracts issued on or after the | 20 |
| operative date of this Section
as defined in subsection | 21 |
| (13), no contract of annuity, except as stated in | 22 |
| subsection (2), shall be delivered or issued for delivery | 23 |
| in this State unless it contains in substance the following | 24 |
| provisions, or corresponding provisions which in the | 25 |
| opinion of the Director of Insurance are at least as | 26 |
| favorable to the contract holder, upon cessation of payment | 27 |
| of considerations under the contract: | 28 |
| (i) That upon cessation of payment of | 29 |
| considerations under a contract, or upon the written | 30 |
| request of the contract owner, the company shall grant | 31 |
| a paid-up annuity benefit on a plan stipulated in the | 32 |
| contract of such value as is specified in subsections | 33 |
| (5), (6), (7), (8) and (10); | 34 |
| (ii)
If a contract provides for a lump sum | 35 |
| settlement at maturity, or at any other time, that upon | 36 |
| surrender of the contract at or prior to the |
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| commencement of any annuity payments, the company | 2 |
| shall pay in lieu of a paid-up annuity benefit a cash | 3 |
| surrender benefit of such amount as is
specified in | 4 |
| subsections (5), (6), (8) and (10). The company may | 5 |
| reserve the right to
defer the payment of the cash | 6 |
| surrender benefit for a period not to exceed 6 months | 7 |
| after demand therefor with surrender of the contract | 8 |
| after making written request and receiving written | 9 |
| approval of the Director. The request shall address the | 10 |
| necessity and equitability to all policyholders of the | 11 |
| deferral; | 12 |
| (iii) A statement of the mortality table, if any, | 13 |
| and interest rates used calculating any minimum | 14 |
| paid-up annuity, cash surrender, or death benefits | 15 |
| that are guaranteed under the contract, together with | 16 |
| sufficient information to determine the amounts of the | 17 |
| benefits; and | 18 |
| (iv)
A statement that any paid-up annuity, cash | 19 |
| surrender or death benefits that may be available under | 20 |
| the contract are not less than the minimum benefits | 21 |
| required by any statute of the state in which the | 22 |
| contract is delivered and an explanation of the manner | 23 |
| in which the benefits are altered by the existence of | 24 |
| any additional amounts credited by the company to the | 25 |
| contract, any indebtedness to the company on the | 26 |
| contract or any prior withdrawals from or partial | 27 |
| surrenders of the contract. | 28 |
| (B) Notwithstanding the requirements of this Section, | 29 |
| a deferred annuity contract may provide that if no | 30 |
| considerations have been received under a contract for a | 31 |
| period of 2 full years and the portion of the paid-up | 32 |
| annuity benefit at maturity on the plan stipulated in the | 33 |
| contract arising from prior considerations paid would be | 34 |
| less than $20 monthly, the company may at its option | 35 |
| terminate the contract by payment in cash of the then | 36 |
| present value of the portion of the paid-up annuity |
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| benefit, calculated on the basis on the mortality table, if | 2 |
| any, and interest rate specified in the contract for | 3 |
| determining the paid-up annuity benefit, and by this | 4 |
| payment shall be relieved of any further obligation under | 5 |
| the contract. | 6 |
| (4) Minimum values. The minimum values as specified in | 7 |
| subsections (5), (6), (7), (8) and (10) of any paid-up annuity, | 8 |
| cash surrender or death benefits available under an annuity | 9 |
| contract shall be based upon minimum nonforfeiture amounts as | 10 |
| defined in this subsection.
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| (A)(i) The minimum nonforfeiture amount at any time at | 12 |
| or prior to the commencement of any annuity payments shall | 13 |
| be equal to an accumulation up to such time at rates of | 14 |
| interest as indicated in subdivision (4)(B) of the net | 15 |
| considerations (as hereinafter defined) paid prior to such | 16 |
| time, decreased by the sum of paragraphs (a) through (d) | 17 |
| below: | 18 |
| (a) Any prior withdrawals from or partial | 19 |
| surrenders of the contract accumulated at rates of | 20 |
| interest as indicated in subdivision (4)(B);
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| (b) An annual contract charge of $50, | 22 |
| accumulated at rates of interest as indicated in | 23 |
| subdivision (4)(B);
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| (c) Any premium tax paid by the company for the | 25 |
| contract, accumulated at rates of interest as | 26 |
| indicated in subdivision (4)(B); and
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| (d) The amount of any indebtedness to the | 28 |
| company on the contract, including
interest due and | 29 |
| accrued. | 30 |
| (ii) The net considerations for a given contract year | 31 |
| used to define the minimum nonforfeiture amount shall be an | 32 |
| amount
equal to 87.5% of the gross considerations,
credited | 33 |
| to the contract during that contract year. | 34 |
| (B) The interest rate used in determining minimum | 35 |
| nonforfeiture amounts shall be an
annual rate of interest | 36 |
| determined as the lesser of 3% per annum
and the following, |
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| which shall be specified in the contract if the interest | 2 |
| rate will be reset: | 3 |
| (i) The five-year Constant Maturity Treasury Rate | 4 |
| reported by the Federal Reserve as of a date, or | 5 |
| average over a period, rounded to the nearest 1/20th of | 6 |
| one percent, specified in the contract no longer than | 7 |
| 15 months prior to the contract issue date or | 8 |
| redetermination date under subdivision (4)(B)(iv); | 9 |
| (ii) Reduced by 125 basis points; | 10 |
| (iii) Where the resulting interest rate is not less | 11 |
| than l%; and | 12 |
| (iv) The interest rate shall apply for an initial | 13 |
| period and may be redetermined for additional periods. | 14 |
| The redetermination date, basis and period, if any, | 15 |
| shall be stated in the contract. The basis is the date | 16 |
| or average over a specified period that produces the | 17 |
| value of the 5-year Constant Maturity Treasury Rate to | 18 |
| be used at each redetermination date. | 19 |
| (C) During the period or term that a contract provides | 20 |
| substantive participation in an equity indexed benefit, it | 21 |
| may increase the reduction described in subdivision | 22 |
| (4)(B)(ii)
above by up to an additional 100 basis points to | 23 |
| reflect the value of the equity
index benefit. The present | 24 |
| value at the contract issue date, and at each
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| redetermination date thereafter, of the additional | 26 |
| reduction shall not exceed market value of the benefit. The | 27 |
| Director may require a demonstration that the present value | 28 |
| of the additional reduction does not exceed the market | 29 |
| value of the benefit. Lacking such a demonstration that is | 30 |
| acceptable to the Director, the Director may disallow or | 31 |
| limit the additional reduction. | 32 |
| (D) The Director may adopt rules to implement the | 33 |
| provisions of subdivision (4)(C) and to provide for further | 34 |
| adjustments to the calculation of minimum nonforfeiture | 35 |
| amounts for contracts that provide substantive | 36 |
| participation in an equity index benefit and for other |
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| contracts that the Director determines adjustments are | 2 |
| justified. | 3 |
| (5) Computation of Present Value.
Any paid-up annuity | 4 |
| benefit available under a contract shall be such that its | 5 |
| present value on the date annuity payments are to commence is | 6 |
| at least equal to the minimum nonforfeiture amount on that | 7 |
| date. Present value shall be computed using the mortality | 8 |
| table, if any, and the interest rates specified in the contract | 9 |
| for determining the minimum paid-up annuity benefits | 10 |
| guaranteed in the contract. | 11 |
| (6) Calculation of Cash Surrender Value.
For contracts that | 12 |
| provide cash surrender benefits, the cash surrender benefits | 13 |
| available prior to maturity shall not be less than the present | 14 |
| value as of the date of surrender of that portion of the | 15 |
| maturity value of the paid-up annuity benefit that would be | 16 |
| provided under the contract at maturity arising from | 17 |
| considerations paid prior to the time of cash surrender reduced | 18 |
| by the amount appropriate to reflect any prior withdrawals from | 19 |
| or partial surrenders of the contract, such present value being | 20 |
| calculated on the basis of an interest rate not more than 1% | 21 |
| higher than the interest rate specified in the contract for | 22 |
| accumulating the net considerations to determine maturity | 23 |
| value, decreased by the amount of any indebtedness to the | 24 |
| company on the contract, including interest due and accrued, | 25 |
| and increased by any existing additional amounts credited by | 26 |
| the company to the contract. In no event shall any cash | 27 |
| surrender benefit be less than the minimum nonforfeiture amount | 28 |
| at that time. The death benefit under such contracts shall be | 29 |
| at least equal to the cash surrender benefit. | 30 |
| (7) Calculation of Paid-up Annuity Benefits.
For contracts | 31 |
| that do not provide cash surrender benefits, the present value | 32 |
| of any paid-up annuity benefit available as a nonforfeiture | 33 |
| option at any time prior to maturity shall not be less than the | 34 |
| present value of that portion of the maturity value of the | 35 |
| paid-up annuity benefit provided under the contract arising | 36 |
| from considerations paid prior to the time the contract is
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| surrendered in exchange for, or changed to, a deferred paid-up | 2 |
| annuity, such present value being calculated for the period | 3 |
| prior to the maturity date on the basis of the interest rate | 4 |
| specified in the contract for accumulating the net | 5 |
| considerations to determine maturity value, and increased by | 6 |
| any additional amounts credited by the company to the contract. | 7 |
| For contracts that do not provide any death benefits prior to | 8 |
| the commencement of any annuity payments, present values shall | 9 |
| be calculated on the basis of such interest rate and the | 10 |
| mortality table specified in the contract for determining the | 11 |
| maturity value of the paid-up annuity benefit. However, in no | 12 |
| event shall the present value of a paid-up annuity benefit be | 13 |
| less than the minimum nonforfeiture amount at that time. | 14 |
| (8) Maturity Date.
For the purpose of determining the | 15 |
| benefits calculated under subsections (6) and (7), in the case | 16 |
| of annuity contracts under which an election may be made to | 17 |
| have annuity payments commence at optional maturity dates, the | 18 |
| maturity date shall be deemed to be the latest date for which | 19 |
| election shall be permitted by the contract, but shall not be | 20 |
| deemed to be later than the anniversary of the contract next | 21 |
| following the annuitant's seventieth birthday or the tenth | 22 |
| anniversary of the contract, whichever is later. | 23 |
| (9) Disclosure of Limited Death Benefits.
A contract that | 24 |
| does not provide cash surrender benefits or does not provide | 25 |
| death benefits at least equal to the minimum nonforfeiture | 26 |
| amount prior to the commencement of any annuity payments shall | 27 |
| include a statement in a prominent place in the contract that | 28 |
| such benefits are not
provided. | 29 |
| (10) Inclusion of Lapse of Time Considerations.
Any paid-up | 30 |
| annuity, cash surrender or death benefits available at any | 31 |
| time, other than on the contract anniversary under any contract | 32 |
| with fixed scheduled considerations, shall be calculated with | 33 |
| allowance for the lapse of time and the payment of any | 34 |
| scheduled considerations beyond the beginning of the contract | 35 |
| year in which cessation of payment of considerations under the | 36 |
| contract occurs. |
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| (11) Proration of Values; Additional Benefits.
For a | 2 |
| contract which provides, within the same contract by rider or | 3 |
| supplemental contract provision, both annuity benefits and | 4 |
| life insurance benefits that are in excess of the greater of | 5 |
| cash surrender benefits or a return of the gross considerations | 6 |
| with interest, the minimum nonforfeiture benefits shall be | 7 |
| equal to the sum of the minimum nonforfeiture benefits for the | 8 |
| annuity portion and the minimum nonforfeiture benefits, if any, | 9 |
| for the life insurance portion computed as if each portion were | 10 |
| a separate contract. Notwithstanding the provisions of | 11 |
| subsections (5), (6), (7), (8) and (10), additional benefits | 12 |
| payable in the event of total and permanent disability, as | 13 |
| reversionary annuity or deferred reversionary annuity | 14 |
| benefits, or as other policy benefits additional to life | 15 |
| insurance, endowment and annuity benefits, and considerations | 16 |
| for all such additional benefits, shall be disregarded in | 17 |
| ascertaining the minimum nonforfeiture amounts,
paid-up | 18 |
| annuity, cash surrender and death benefits that may be required | 19 |
| under this Section. The inclusion of such benefits shall not be | 20 |
| required in any paid-up benefits, unless the additional | 21 |
| benefits separately would require minimum nonforfeiture | 22 |
| amounts, paid-up annuity, cash surrender and death benefits. | 23 |
| (12) Rules. The Director may adopt rules to implement the | 24 |
| provisions of this Section. | 25 |
| (13) Effective Date. After the effective date of this | 26 |
| amendatory Act of the 93rd General Assembly, a company may | 27 |
| elect to apply its provisions to annuity
contracts on a | 28 |
| contract form-by-contract form basis before July 1, 2006. In | 29 |
| all other instances, this Section shall become operative with | 30 |
| respect to annuity contracts issued by the company on or after | 31 |
| July 1, 2006.
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| (14) (Blank)
This Section is repealed on July 1, 2007 .
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| (Source: P.A. 93-873, eff. 8-6-04.) | 34 |
| (215 ILCS 5/356z.8 new)
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| Sec. 356z.8. Multiple sclerosis preventative physical |
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| therapy. A group or individual policy of accident and health | 2 |
| insurance or managed care plan amended, delivered, issued, or | 3 |
| renewed after the effective date of this amendatory Act of the | 4 |
| 94th General Assembly must provide coverage for medically | 5 |
| necessary preventative physical therapy for insureds diagnosed | 6 |
| with multiple sclerosis. For the purposes of this Section, | 7 |
| "preventative physical therapy" means physical therapy that is | 8 |
| prescribed by a physician licensed to practice medicine in all | 9 |
| of its branches for the purpose of treating parts of the body | 10 |
| affected by multiple sclerosis, but only where the physical | 11 |
| therapy includes reasonably defined goals, including, but not | 12 |
| limited to, sustaining the level of function the person has | 13 |
| achieved, with periodic evaluation of the efficacy of the | 14 |
| physical therapy against those goals. The coverage required | 15 |
| under this Section shall be subject to the same deductible, | 16 |
| coinsurance, waiting period, cost sharing limitation, | 17 |
| treatment limitation, calendar year maximum, or other | 18 |
| limitations as provided for
other physical or rehabilitative | 19 |
| therapy benefits covered by the policy. | 20 |
| Section 15. The Health Maintenance Organization Act is | 21 |
| amended by changing Section 5-3 as follows:
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| (215 ILCS 125/5-3) (from Ch. 111 1/2, par. 1411.2)
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| Sec. 5-3. Insurance Code provisions.
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| (a) Health Maintenance Organizations
shall be subject to | 25 |
| the provisions of Sections 133, 134, 137, 140, 141.1,
141.2, | 26 |
| 141.3, 143, 143c, 147, 148, 149, 151,
152, 153, 154, 154.5, | 27 |
| 154.6,
154.7, 154.8, 155.04, 355.2, 356m, 356v, 356w, 356x, | 28 |
| 356y,
356z.2, 356z.4, 356z.5, 356z.6, 356z.8, 364.01, 367.2, | 29 |
| 367.2-5, 367i, 368a, 368b, 368c, 368d, 368e,
401, 401.1, 402, | 30 |
| 403, 403A,
408, 408.2, 409, 412, 444,
and
444.1,
paragraph (c) | 31 |
| of subsection (2) of Section 367, and Articles IIA, VIII 1/2,
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| XII,
XII 1/2, XIII, XIII 1/2, XXV, and XXVI of the Illinois | 33 |
| Insurance Code.
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| (b) For purposes of the Illinois Insurance Code, except for |
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| Sections 444
and 444.1 and Articles XIII and XIII 1/2, Health | 2 |
| Maintenance Organizations in
the following categories are | 3 |
| deemed to be "domestic companies":
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| (1) a corporation authorized under the
Dental Service | 5 |
| Plan Act or the Voluntary Health Services Plans Act;
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| (2) a corporation organized under the laws of this | 7 |
| State; or
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| (3) a corporation organized under the laws of another | 9 |
| state, 30% or more
of the enrollees of which are residents | 10 |
| of this State, except a
corporation subject to | 11 |
| substantially the same requirements in its state of
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| organization as is a "domestic company" under Article VIII | 13 |
| 1/2 of the
Illinois Insurance Code.
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| (c) In considering the merger, consolidation, or other | 15 |
| acquisition of
control of a Health Maintenance Organization | 16 |
| pursuant to Article VIII 1/2
of the Illinois Insurance Code,
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| (1) the Director shall give primary consideration to | 18 |
| the continuation of
benefits to enrollees and the financial | 19 |
| conditions of the acquired Health
Maintenance Organization | 20 |
| after the merger, consolidation, or other
acquisition of | 21 |
| control takes effect;
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| (2)(i) the criteria specified in subsection (1)(b) of | 23 |
| Section 131.8 of
the Illinois Insurance Code shall not | 24 |
| apply and (ii) the Director, in making
his determination | 25 |
| with respect to the merger, consolidation, or other
| 26 |
| acquisition of control, need not take into account the | 27 |
| effect on
competition of the merger, consolidation, or | 28 |
| other acquisition of control;
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| (3) the Director shall have the power to require the | 30 |
| following
information:
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| (A) certification by an independent actuary of the | 32 |
| adequacy
of the reserves of the Health Maintenance | 33 |
| Organization sought to be acquired;
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| (B) pro forma financial statements reflecting the | 35 |
| combined balance
sheets of the acquiring company and | 36 |
| the Health Maintenance Organization sought
to be |
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| acquired as of the end of the preceding year and as of | 2 |
| a date 90 days
prior to the acquisition, as well as pro | 3 |
| forma financial statements
reflecting projected | 4 |
| combined operation for a period of 2 years;
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| (C) a pro forma business plan detailing an | 6 |
| acquiring party's plans with
respect to the operation | 7 |
| of the Health Maintenance Organization sought to
be | 8 |
| acquired for a period of not less than 3 years; and
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| (D) such other information as the Director shall | 10 |
| require.
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| (d) The provisions of Article VIII 1/2 of the Illinois | 12 |
| Insurance Code
and this Section 5-3 shall apply to the sale by | 13 |
| any health maintenance
organization of greater than 10% of its
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| enrollee population (including without limitation the health | 15 |
| maintenance
organization's right, title, and interest in and to | 16 |
| its health care
certificates).
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| (e) In considering any management contract or service | 18 |
| agreement subject
to Section 141.1 of the Illinois Insurance | 19 |
| Code, the Director (i) shall, in
addition to the criteria | 20 |
| specified in Section 141.2 of the Illinois
Insurance Code, take | 21 |
| into account the effect of the management contract or
service | 22 |
| agreement on the continuation of benefits to enrollees and the
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| financial condition of the health maintenance organization to | 24 |
| be managed or
serviced, and (ii) need not take into account the | 25 |
| effect of the management
contract or service agreement on | 26 |
| competition.
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| (f) Except for small employer groups as defined in the | 28 |
| Small Employer
Rating, Renewability and Portability Health | 29 |
| Insurance Act and except for
medicare supplement policies as | 30 |
| defined in Section 363 of the Illinois
Insurance Code, a Health | 31 |
| Maintenance Organization may by contract agree with a
group or | 32 |
| other enrollment unit to effect refunds or charge additional | 33 |
| premiums
under the following terms and conditions:
| 34 |
| (i) the amount of, and other terms and conditions with | 35 |
| respect to, the
refund or additional premium are set forth | 36 |
| in the group or enrollment unit
contract agreed in advance |
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| of the period for which a refund is to be paid or
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| additional premium is to be charged (which period shall not | 3 |
| be less than one
year); and
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| (ii) the amount of the refund or additional premium | 5 |
| shall not exceed 20%
of the Health Maintenance | 6 |
| Organization's profitable or unprofitable experience
with | 7 |
| respect to the group or other enrollment unit for the | 8 |
| period (and, for
purposes of a refund or additional | 9 |
| premium, the profitable or unprofitable
experience shall | 10 |
| be calculated taking into account a pro rata share of the
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| Health Maintenance Organization's administrative and | 12 |
| marketing expenses, but
shall not include any refund to be | 13 |
| made or additional premium to be paid
pursuant to this | 14 |
| subsection (f)). The Health Maintenance Organization and | 15 |
| the
group or enrollment unit may agree that the profitable | 16 |
| or unprofitable
experience may be calculated taking into | 17 |
| account the refund period and the
immediately preceding 2 | 18 |
| plan years.
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| The Health Maintenance Organization shall include a | 20 |
| statement in the
evidence of coverage issued to each enrollee | 21 |
| describing the possibility of a
refund or additional premium, | 22 |
| and upon request of any group or enrollment unit,
provide to | 23 |
| the group or enrollment unit a description of the method used | 24 |
| to
calculate (1) the Health Maintenance Organization's | 25 |
| profitable experience with
respect to the group or enrollment | 26 |
| unit and the resulting refund to the group
or enrollment unit | 27 |
| or (2) the Health Maintenance Organization's unprofitable
| 28 |
| experience with respect to the group or enrollment unit and the | 29 |
| resulting
additional premium to be paid by the group or | 30 |
| enrollment unit.
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| In no event shall the Illinois Health Maintenance | 32 |
| Organization
Guaranty Association be liable to pay any | 33 |
| contractual obligation of an
insolvent organization to pay any | 34 |
| refund authorized under this Section.
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| (Source: P.A. 92-764, eff. 1-1-03; 93-102, eff. 1-1-04; 93-261, | 36 |
| eff. 1-1-04; 93-477, eff. 8-8-03; 93-529, eff. 8-14-03; 93-853, |
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| eff. 1-1-05; 93-1000, eff. 1-1-05; revised 10-14-04.)
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| Section 20. The Voluntary Health Services Plans Act is | 3 |
| amended by changing Section 10 as follows:
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| (215 ILCS 165/10) (from Ch. 32, par. 604)
| 5 |
| Sec. 10. Application of Insurance Code provisions. Health | 6 |
| services
plan corporations and all persons interested therein | 7 |
| or dealing therewith
shall be subject to the provisions of | 8 |
| Articles IIA and XII 1/2 and Sections
3.1, 133, 140, 143, 143c, | 9 |
| 149, 155.37, 354, 355.2, 356r, 356t, 356u, 356v,
356w, 356x, | 10 |
| 356y, 356z.1, 356z.2, 356z.4, 356z.5, 356z.6, 356z.8, 364.01, | 11 |
| 367.2, 368a, 401, 401.1,
402,
403, 403A, 408,
408.2, and 412, | 12 |
| and paragraphs (7) and (15) of Section 367 of the Illinois
| 13 |
| Insurance Code.
| 14 |
| (Source: P.A. 92-130, eff. 7-20-01; 92-440, eff. 8-17-01; | 15 |
| 92-651, eff. 7-11-02; 92-764, eff. 1-1-03; 93-102, eff. 1-1-04; | 16 |
| 93-529, eff. 8-14-03; 93-853, eff. 1-1-05; 93-1000, eff. | 17 |
| 1-1-05; revised 10-14-04.)
| 18 |
| Section 99. Effective date. This Act takes effect upon | 19 |
| becoming law.
|
|