IL HB0033

Prohibits life insurance companies from denying coverage, limiting coverage, or charging different rates to individuals based solely on participation in substance use disorder treatment or recovery support programs that occurred 5 or more years before application.

Allows insurers to charge different rates only if based on sound underwriting or actuarial principles reasonably related to actual or anticipated loss experience for the specific risk.

Prohibits life insurance companies from denying coverage, limiting coverage, or charging different rates to individuals based solely on being prescribed or obtaining an opioid antagonist through a standing order.

Defines "opioid antagonist" as any drug that binds to opioid receptors and blocks or inhibits opioid effects to reverse overdose.

Applies restrictions to all companies authorized to transact life insurance in Illinois.