Bill Status of HB 4780   103rd General Assembly


Short Description:  DENTAL LOSS RATIO ACT

House Sponsors
Rep. Jennifer Gong-Gershowitz

Last Action  View All Actions

DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
New Act

Synopsis As Introduced
Creates the Dental Loss Ratio Act. Sets forth provisions concerning dental loss ratio reporting. Provides that a health insurer or dental plan carrier that issues, sells, renews, or offers a specialized health insurance policy covering dental services shall, beginning January 1, 2025, annually submit to the Department of Insurance a dental loss ratio filing. Provides a formula for calculating minimum dental loss ratios. Sets forth provisions concerning minimum dental loss ratio requirements. Provides that the Department may adopt rules to implement the Act. Provides that the Act does not apply to an insurance policy issued, sold, renewed, or offered for health care services or coverage provided as a function of the State of Illinois Medicaid coverage for children or adults or disability insurance for covered benefits in the single specialized area of dental-only health care that pays benefits on a fixed benefit, cash payment-only basis. Defines terms. Effective January 1, 2025.

Actions 
DateChamber Action
  2/5/2024HouseFiled with the Clerk by Rep. Jennifer Gong-Gershowitz
  2/6/2024HouseFirst Reading
  2/6/2024HouseReferred to Rules Committee
  2/14/2024HouseAssigned to Insurance Committee
  3/13/2024HouseTo Insurance Main Subcommittee
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

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