90th General Assembly
Summary of HB1552
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House Sponsors:
MAUTINO-GRANBERG-LOPEZ-ACEVEDO-BLACK.

Senate Sponsors:
LUECHTEFELD-MADIGAN,R-MYERS,J-WALSH,T-MAHAR

Short description: 
INS CD-CLAIM EXCLUDE                                                       

Synopsis of Bill as introduced:
        Amends the Illinois Insurance Guaranty Fund provisions of              
   the Illinois Insurance Code.  Provides that  covered claim                  
   does not include certain third party claims against insurers.  Repeals      
   certain provisions concerning exhaustion of claims.  Provides that  an      
   insured  or  claimant  shall be required to first exhaust all coverage      
   provided by any other insurance policy if the claim  arises  from  the      
   same  facts,  injury,  or  loss  that  gave  rise to the covered claim      
   against the Fund.   Provides  that  the  Fund's  obligation  shall  be      
   reduced  by the amount recovered or recoverable, whichever is greater,      
   under the other insurance policy.  Provides that  to  the  extent  the      
   Fund's  obligation  is reduced, the liability of the person insured by      
   the insolvent insurer's policy for the claim shall be reduced  in  the      
   same amount. Makes other changes.  Effective immediately.                   
        HOUSE AMENDMENT NO. 1.                                                 
        Further amends the Illinois Insurance Code.   Makes  a  technical      
   correction.   Provides  that  the Fund's power to sue includes, but is      
   not limited to, the power and right to intervene  as  a  party  rather      
   than  that  the  Fund's  power  and  right to sue includes, but is not      
   limited to, the power to intervene as a party.                              
          FISCAL NOTE (Dpt. Insurance)                                         
          HB1552 will have no fiscal impact on the Department.                 
          STATE MANDATES FISCAL NOTE, H-AM 1                                   
          HB1552, with H-am 1, fails to create a State mandate.                
        HOUSE AMENDMENT NO. 2.                                                 
        Further amends the Illinois Insurance Code.   Provides  that  the      
   liquidator of an insolvent company shall be bound by determinations of      
   covered  claim  eligibility under the Act and by settlements of claims      
   made by the Fund or a similar organization in another  state  only  to      
   the   extent   that   those   determinations  or  settlements  satisfy      
   obligations of the Fund, but the receiver shall not be bound by  those      
   determinations or settlements to the extent that there remains a claim      
   in  the  estate  for  amounts  in  excess of the payments by the Fund.      
   Provides that the Fund has the right to  recover  the  amount  of  any      
   covered  claims and allocated claim expenses from an insured whose net      
   worth on December 31 of the year next preceding the date  the  company      
   becomes an insolvent company exceeds $25,000,000 (now $50,000,000).         
          FISCAL NOTE, AMENDED (Dpt. Insurance)                                
          No change from previous fiscal note.                                 
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          215 ILCS 5/534.3                                                     
          215 ILCS 5/538.4                                                     
          215 ILCS 5/545                                                       
          215 ILCS 5/546                                                       
        Deletes all substantive provisions.  Adds a caption to a  Section      
   defining the term "insolvent company".                                      
        SENATE AMENDMENT NO. 2.                                                
          Deletes reference to:                                                
          215 ILCS 5/534.4                                                     
          Adds reference to:                                                   
          5 ILCS 375/6.11                                                      
          30 ILCS 805/8.22 new                                                 
          55 ILCS 5/5-1069.3                                                   
          65 ILCS 5/10-4-2.3                                                   
          105 ILCS 5/10-22.3f                                                  
          215 ILCS 5/356w new                                                  
          215 ILCS 125/5-3                from Ch. 111 1/2, par. 1411.2        
          215 ILCS 130/3009               from Ch. 73, par. 1503-9             
          215 ILCS 165/10                 from Ch. 32, par. 604                
          305 ILCS 5/5-16.8                                                    
        Amends the Illinois Insurance Code to require that group policies      
   of  accident  and  health  insurance  provide  coverage  for  diabetes      
   self-management  training  and  education.   Requires   coverage   for      
   necessary  pharmaceuticals and supplies and regular foot care.  Amends      
   the State Employees Group Insurance Act of 1971,  the  Counties  Code,      
   the  Illinois  Municipal Code, the School Code, the Health Maintenance      
   Organization Act, the Limited Health  Service  Organization  Act,  the      
   Voluntary  Health Services Plans Act, and the Illinois Public Aid Code      
   to require that coverage for diabetes self-management and education be      
   provided  by  health  care  programs  operating  under   those   Acts.      
   Effective January 1, 1999.                                                  
        SENATE AMENDMENT NO. 3.                                                
          Adds reference to:                                                   
          215 ILCS 5/356x new                                                  
        Amends the Illinois Insurance Code to require group accident  and      
   health  insurance  policies  to provide coverage for colorectal cancer      
   screening.  Amends the State Employees Group Insurance  Act  of  1971,      
   the  Counties  Code, the Illinois Municipal Code, the School Code, the      
   Health  Maintenance  Organization  Act,  the  Limited  Health  Service      
   Organization Act, the Voluntary Health Services  Plans  Act,  and  the      
   Illinois  Public  Aid  Code  to  require  that coverage for colorectal      
   cancer screening be provided by health care  programs  operated  under      
   those Acts.                                                                 
        SENATE AMENDMENT NO. 4.                                                
        Amends the Illinois Insurance Code.  Provides that a policy  that      
   allows  payment  of  a  percentage  of  the face amount of benefits in      
   advance upon a diagnosis that  the  insured  has  incurred  a  medical      
   condition  listed in the policy may pay up to 75%, rather than 25%, of      
   the benefits in advance.  Provides that total and permanent disability      
   or any condition approved by the Department of Insurance  may  qualify      
   for  advance  payments.   Provides that the changes concerning advance      
   payment of life insurance benefits take effect upon becoming law.  The      
   remainder of the bill takes effect January 1, 1999.                         
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   2     SENATE -   4


   END OF INQUIRY 
                                                                               



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