summary
Introduced
02/05/2025
02/05/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Insurance Code. Provides that an issuer of a Medicare supplement policy shall not deny coverage to an applicant who voluntarily switches from a Medicare Advantage plan to a Medicare plan under Parts A, B, or D, or any combination of those plans, so long as the application for a Medicare supplement policy is submitted within 30 calendar days after the first effective day of the new plan. Provides that when such an application for a Medicare supplement policy is submitted, the issuer of the Medicare supplement policy may not charge a higher cost than what is normally offered to applicants who have become newly eligible for Medicare, nor raise costs or deny coverage for a preexisting condition.
AI Summary
This bill amends the Illinois Insurance Code to provide additional protections for individuals switching from Medicare Advantage plans to traditional Medicare. Specifically, the bill requires insurance companies that offer Medicare supplement policies (also known as Medigap) to not deny coverage to applicants who voluntarily switch from a Medicare Advantage plan to a Medicare plan (Parts A, B, or D) if they submit an application within 30 calendar days of their new plan's first effective day. When such an application is submitted, the insurance company cannot charge higher premiums than what is normally offered to new Medicare enrollees, and they cannot raise costs or deny coverage for preexisting conditions. The term "preexisting condition" is defined according to another section of the Illinois Insurance Code. This change aims to provide more flexibility and protection for Medicare beneficiaries who want to change their healthcare coverage, ensuring they are not penalized financially or medically for switching plans.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Rule 19(a) / Re-referred to Rules Committee (on 03/21/2025)
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=2775&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB2775.htm |
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