IL HB2375

Amends the Short-Term, Limited-Duration Health Insurance Coverage Act by removing requirements for policy expiration dates of less than 181 days and restrictions on renewal or extension within 365 days after coverage ends.

Eliminates the prohibition against renewable or extendable short-term, limited-duration health insurance policies and removes the 60-day window definition for policy renewal.

Retains provisions that short-term policies cannot be rescinded before expiration except for nonpayment of premiums, fraud, or other specified circumstances.

Maintains requirement that policyholders have the option to cancel coverage after any 30-day interval during the term of the plan.

Takes effect immediately upon becoming law.