IL SB2063

Requires medical liability insurance companies to evaluate premium rates for OB-GYN physicians based on their specific scope of practice, distinguishing between those who perform obstetric services (including childbirth) and those who limit their practice to gynecologic services only

Mandates that insurers classify OB-GYNs who do not provide obstetric services as "lower-risk providers" for premium rate determination purposes

Directs the Department of Insurance to establish guidelines for insurers to classify and adjust premiums based on the risk profiles of OB-GYN physicians

Amends the Illinois Insurance Code by adding Section 155.18b, with provisions in this new section taking precedence over existing medical liability insurance regulations in Section 155.18

Defines key terms including "obstetric services" (pregnancy, labor, delivery, and postpartum care) and "gynecologic services" (female reproductive health excluding obstetric services)