summary
Introduced
01/27/2021
01/27/2021
In Committee
04/27/2021
04/27/2021
Crossed Over
04/23/2021
04/23/2021
Passed
Dead
04/08/2022
04/08/2022
Introduced Session
102nd General Assembly
Bill Summary
Amends the Illinois Insurance Code to provide that an air ambulance service or other entity that directly or indirectly, whether through an affiliated entity, agreement with a third-party entity, or otherwise, solicits air ambulance membership subscriptions, accepts membership applications, or charges membership fees, is an insurer. Provides that air ambulance memberships shall be considered insurance and an insurance product and may be considered a supplement to any insurance coverage and shall be regulated accordingly by the Department of Insurance. Effective immediately.
AI Summary
This bill amends the Illinois Insurance Code to classify air ambulance services or entities that solicit air ambulance membership subscriptions, accept membership applications, or charge membership fees as insurers. The bill specifies that air ambulance memberships shall be considered insurance products and regulated as such by the Department of Insurance. The bill is effective immediately upon becoming law.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Pursuant to Senate Rule 3-9(b) / Referred to Assignments (on 01/01/2023)
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