Illinois General Assembly - Bill Status for SB1419
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 Bill Status of SB1419  101st General Assembly


Short Description:  HEALTH INS RATE REVIEW ACT

Senate Sponsors
Sen. Laura Fine

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Health Insurance Rate Review Act. Creates the independent quasi-judicial Health Insurance Rate Review Board to ensure insurance rates are reasonable and justified. Sets forth duties and prohibited activities concerning the Board. Creates the Health Insurance Rate Review Board Nomination Panel to provide a list of nominees to the Governor for appointment to the Health Insurance Rate Review Board. Sets forth the procedures for nomination. Provides requirements and procedures for health carriers to file current and proposed rates and rate schedules with the Health Insurance Rate Review Board. Provides that the Board shall review and approve or disapprove all rates and rate schedules filed or used by a health carrier. Sets forth provisions concerning rate standards, public notice, hearings, and the disapproval and approval of rates and rate schedules.

Actions 
DateChamber Action
  2/13/2019SenateFiled with Secretary by Sen. Laura Fine
  2/13/2019SenateFirst Reading
  2/13/2019SenateReferred to Assignments
  2/20/2019SenateAssigned to Insurance
  3/13/2019SenatePostponed - Insurance
  3/20/2019SenatePostponed - Insurance
  3/22/2019SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2021SenateSession Sine Die

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