INS CD - PROVIDER CONTRACTS

Amends the Illinois Insurance Code. In the provision concerning contracting procedures, specifies that no contract is required to provide services to an insured, enrollee, or beneficiary. Provides that when health care services are provided by a nonparticipating health care professional or health care provider, an insurer, health maintenance organization, independent practice association, or physician hospital organization shall (now, may) pay for covered services either to a patient directly or to the nonparticipating health care professional or health care provider. Provides that the Director of Insurance may require an insurance company or agent that wilfully violates any provision of the Article of the Code concerning accident and health insurance to pay to the people of the State a penalty in a sum not exceeding $10,000 (now, $1,000). Specifies that certain provisions of the Code are deemed incorporated into health care professional and health care provider service contracts entered into on or before the effective date of the amendatory Act. Makes other changes.