94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB0915

 

Introduced 2/18/2005, by Sen. William R. Haine - Emil Jones, Jr.

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/351A-4   from Ch. 73, par. 963A-4

    Amends the Illinois Insurance Code. Makes a technical change in a Section relating to long-term care insurance.


LRB094 04518 LJB 34547 b

 

 

A BILL FOR

 

SB0915 LRB094 04518 LJB 34547 b

1     AN ACT concerning regulation.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Insurance Code is amended by
5 changing Section 351A-4 as follows:
 
6     (215 ILCS 5/351A-4)  (from Ch. 73, par. 963A-4)
7     Sec. 351A-4. Limitation. No long-term care insurance
8 policy may:
9         (1) Be cancelled, nonrenewed or otherwise terminated
10     on grounds of the the age or the deterioration of the
11     mental or physical health of the insured individual or
12     certificate holder.
13         (2) Contain a provision establishing a new waiting
14     period in the event existing coverage is converted to or
15     replaced by a new or other form, except with respect to an
16     increase in benefits voluntarily selected by the insured
17     individual or group policyholder.
18         (3) Provide coverage for skilled nursing care only or
19     provide significantly more coverage for skilled care in a
20     facility than coverage for lower levels of care.
21 (Source: P.A. 92-148, eff. 7-24-01.)