(5 ILCS 375/6.2) (from Ch. 127, par. 526.2)
Sec. 6.2.
When the Director, with the advice and consent of the
Commission, determines that it would be in the best interests of the State
and its employees, any program of health benefits under this Act may be
administered with the State as a self-insurer in whole or in part. The
State assumes the risks of any such program. The State may provide the
administrative services in connection with any self-insurance health plan
or purchase administrative services from an administrative service
organization. A plan of self-insurance may combine forms of re-insurance or
stop-loss insurance which limits the amount of State liability.
The program of health benefits shall provide a continuation and
conversion privilege for persons whose State employment is terminated and
a continuation privilege for members' spouses and dependent children who
are covered under the provisions of the program, consistent with the
requirements of federal law and Sections 367.2, 367e, and
367e.1 of the Illinois
Insurance Code.
(Source: P.A. 102-19, eff. 7-1-21.)
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