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IL HB2677

Bill

Official Source

Status

Passed

7/28/2015

Primary Sponsor

Ann Williams

Click for details

Origin

House of Representatives

99th General Assembly

AI Summary

  • Amends the Dental Service Plan Act to add Article XI of the Illinois Insurance Code to the list of applicable Insurance Code provisions for dental service plan corporations
  • Allows dental service plans to enter into reinsurance agreements for dental service coverage
  • Requires all reinsurance agreements to comply with Illinois Insurance Code Article XI provisions governing reinsurance
  • Mandates that reinsurance agreements must be filed with the Director, with approval deemed granted if not disapproved within 30 days of submission
  • Takes effect upon becoming law

Legislative Description

DENTAL SERV PLAN REINSURANCE

Last Action

Public Act . . . . . . . . . 99-0151

7/28/2015

Committee Referrals

Insurance4/22/2015
Assignments4/16/2015
Insurance3/2/2015
Rules2/19/2015

Full Bill Text

No bill text available