90th General Assembly
Status of HB0048
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Summary

   New Act                                                                     
   30 ILCS 105/5.449 new                                                       

        Creates the Senior Health Insurance Coverage Commission Act.           
   Provides for a Senior Health Insurance Coverage Commission consisting       
   of the State Treasurer, State Comptroller, Director of Insurance, and       
   18 persons appointed by the Governor and confirmed by the Senate to         
   provide for health insurance for persons age 62 or older whose  income      
   is  less  than  $10,000  per year. Authorizes the Commission to charge      
   premiums for the coverage and to impose an  annual  privilege  fee  on      
   insurers  and  pharmaceutical  companies  to  pay  for  the  coverage.      
   Creates  the  Senior Health Insurance Coverage Fund, a special fund in      
   the  State  Treasury.   Sets  forth  the  powers  of  the  Commission.      
   Effective July 1, 1997.                                                     
          FISCAL NOTE (Dept. of Insurance)                                     
          Based on the establishment of the CHIP plan: yearly administra-      
          tive costs could run as high as $100,000 and current subsidies,      
          covering the difference between policyholder premiums and the        
          cost of coverage, cost the State $17 million GRF annually.           
   97-01-08  H  FIRST READING                                                  
   97-01-08  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   97-01-22  H       ASSIGNED TO COMMITTEE               HTHCR-AVB-ACS         
   97-01-29  H  ADDED AS A JOINT SPONSOR                 SCOTT                 
   97-01-30  H  ADDED AS A CO-SPONSOR                    MCKEON                
   97-01-30  H  ADDED AS A CO-SPONSOR                    SANTIAGO              
   97-02-13  H                         FISCAL NOTE FILED                       
   97-02-13  H                   COMMITTEE               HEALTH CARE           
   97-03-21  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-01-12  H  SESSION SINE DIE                                               


 Full Text  Bill Summary