summary
Introduced
01/20/2023
01/20/2023
In Committee
04/30/2024
04/30/2024
Crossed Over
04/09/2024
04/09/2024
Passed
05/09/2024
05/09/2024
Dead
Signed/Enacted/Adopted
08/02/2024
08/02/2024
Introduced Session
103rd General Assembly
Bill Summary
Amends the Illinois Insurance Code. In provisions concerning Medicare supplement policy minimum standards, provides that if an individual is at least 65 years of age but no more than 75 years of age and has an existing Medicare supplement policy, then the individual is entitled to an annual open enrollment period lasting 45 days, commencing with the individual's birthday, and the individual may purchase any Medicare supplement policy with the same issuer or any affiliate authorized to transact business in the State (instead of only the same issuer) that offers benefits equal to or lesser than those provided by the previous coverage.
AI Summary
This bill amends the Illinois Insurance Code to provide an annual 45-day open enrollment period for individuals aged 65-75 with an existing Medicare supplement policy. During this period, they can purchase any Medicare supplement policy from the same issuer or any of its affiliates authorized to do business in the state, as long as the new policy provides benefits equal to or less than the previous coverage. The issuer is prohibited from denying, conditioning, or discriminating in the pricing of the new coverage due to the individual's health status, claims experience, healthcare utilization, or medical condition. The bill also requires insurers to provide notice of this open enrollment period to eligible policyholders.
Committee Categories
Business and Industry
Sponsors (9)
Laura Fine (D)*,
Bob Morgan (D)*,
Christopher Belt (D),
Mary Edly-Allen (D),
Suzy Glowiak Hilton (D),
Mattie Hunter (D),
Julie Morrison (D),
Laura Murphy (D),
Elgie Sims (D),
Last Action
Public Act . . . . . . . . . 103-0747 (on 08/02/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=56&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| BillText | https://www.ilga.gov/legislation/publicacts/103/103-0747.htm |
| BillText | https://www.ilga.gov/legislation/103/SB/10300SB0056enr.htm |
| BillText | https://www.ilga.gov/legislation/103/SB/10300SB0056eng.htm |
| Senate Amendment 001 | https://www.ilga.gov/legislation/103/SB/10300SB0056sam001.htm |
| BillText | https://www.ilga.gov/legislation/103/SB/10300SB0056.htm |
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