|HB2624 Engrossed||LRB100 07415 SMS 17479 b|
AN ACT concerning insurance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
This Act may be cited as the
Insurance Rate Review Act.
For the purposes of this Act:
"Board" means the Health Insurance Rate Review Board.
"Director" means the Director of Insurance.
"Health benefit plan" means a policy, contract,
certificate, plan, or agreement offered or issued by a health
carrier to provide, deliver, arrange for, pay for, or reimburse
any of the costs of health care services.
"Health care services" means services for the diagnosis,
prevention, treatment, cure, or relief of a health condition,
illness, injury or disease.
"Health carrier" means an entity subject to the insurance
laws and regulations of this State, or subject to the
jurisdiction of the Director, that contracts or offers to
contract to provide, deliver, arrange for, pay for, or
reimburse any of the costs of health care services, including a
sickness and accident insurance company, a health maintenance
organization, or any other entity providing a plan of health
insurance, health benefits, or health care services. "Health