IL SB1716

Insurance operations of the Comprehensive Health Insurance Plan cease on January 1, 2014, with no coverage applying to services provided on or after that date.

Claims for payment must be submitted within 60 days after January 1, 2014 and paid within 60 days of receipt; grievances must be resolved by the Plan Board within 90 days.

Plan Board must submit a dissolution plan to the Director of Insurance by June 30, 2013, addressing continuity of care for inpatients, assessment accounting, asset deficiency resolution, liability cessation, and final dissolution.

Balance billing by non-network health care providers is prohibited, and actions by or against the Plan must be filed within one year of January 1, 2014.

General Revenue Fund remaining in the Plan transfers back to the General Revenue Fund upon final dissolution; insurer assessments are returned to insurers per the Comprehensive Health Insurance Plan Act.

The Comprehensive Health Insurance Plan Act is repealed on January 1, 2015.