Bill > HB4330

This bill amends the Illinois Insurance Code to protect individuals who switch from a Medicare Advantage plan to traditional Medicare (Parts A, B, or D). Specifically, it mandates that insurance companies, referred to as "issuers," cannot deny coverage for a Medicare supplement policy to an applicant who voluntarily makes this switch, provided the application is submitted within 30 days of their new Medicare plan becoming effective. Furthermore, when such an application is approved, the issuer is prohibited from charging a higher premium than what is typically offered to individuals newly eligible for Medicare, and they cannot increase costs or deny coverage for pre-existing conditions. A "pre-existing condition" is defined as a condition for which medical advice was given or treatment was recommended or received from a physician within six months before the effective date of coverage, as further clarified by Section 351A-5 of the Code.

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https://www.ilga.gov/Legislation/BillStatus?DocNum=4330&GAID=18&DocTypeID=HB&SessionID=114&GA=104