REGULATE HEALTH INS RATES
Summary
Amends the Illinois Insurance Code. Creates the Accident and Health Insurance Rate Law. Authorizes the Department of Insurance to review and approve or disapprove premium rates for accident and health insurance. Provides that rate increases greater than the increase in the medical care component of the Consumer Price Index must be approved by the Department before the rates are used. Specifies financial information to be reported to the Department. Effective January 1, 2004.
Bill status
failed
1 of 4 stages cleared
Introduction
Dec 2002
Committee Review
Floor Vote
Governor
Introduced Dec 17, 2002
Last action Jan 11, 2005
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
4
Jan 11, 2005
House · Failed
Session Sine Die
Mar 13, 2003
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 5, 2003
House · Referred to committee
Re-assigned to Insurance Committee
Jan 23, 2003
House · Referred to committee
Assigned to Executive Committee
Jan 8, 2003
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Lou Lang
DDemocratic
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