The legislature's own summary of the bill, or its official long title.
Amends the Illinois Insurance Code. Sets forth provisions concerning market conduct and nonfinancial examinations; market analysis and market conduct actions; access to books and records; examination reports; hearings; disclosures; confidentiality; corrective actions; and immunity to liability of market conduct surveillance personnel. Provides that the Director of Insurance shall collect and report market data to…
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Amends the Illinois Insurance Code. Sets forth provisions concerning market conduct and nonfinancial examinations; market analysis and market conduct actions; access to books and records; examination reports; hearings; disclosures; confidentiality; corrective actions; and immunity to liability of market conduct surveillance personnel. Provides that the Director of Insurance shall collect and report market data to the National Association of Insurance Commissioner's market information systems. Provides that if the Director or an examiner finds that an administrator or pharmacy benefit manager has violated insurance-related laws or regulations under specified circumstances, then, unless the health care payer, health insurer, or plan sponsor is included in the examination and has been afforded the same opportunity to request or participate in a hearing on the examination report, the examination report shall not allege a violation by the health care payer, health insurer, or plan sponsor and the Director's order based on the report shall not impose any requirements, prohibitions, or penalties on the health care payer, health insurer, or plan sponsor. Removes various provisions concerning market conduct and nonfinancial examinations. Defines terms. Makes other changes. Effective immediately.
Every action
43 steps, oldest first, as the legislature records them.
Show the 35 earlier steps
SenateFiled with Secretary by Sen. Ann Gillespie
SenateFirst Reading
CommitteeReferred to Assignments · Senate Assignments
CommitteeAssigned to Insurance · Senate Insurance
CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
SenateChief Sponsor Changed to Sen. Laura Fine
CommitteeRe-assigned to Insurance · Senate Insurance
SenateRule 2-10 Committee Deadline Established As May 3, 2024
SenateRule 2-10 Third Reading Deadline Established As May 3, 2024
SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Laura Fine
CommitteeSenate Committee Amendment No. 1 Referred to Assignments · Senate Assignments