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IL SB3508
Bill
Status
Introduced
2/5/2026
Primary Sponsor
Julie Morrison
Click for details
AI Summary
- Allows the Department of Insurance to incorporate federal Affordable Care Act rules by reference without specifying dates or stating that later amendments are excluded, streamlining regulatory updates
- Clarifies that policy transfers between insurers within the same holding company system or due to mergers are considered renewals rather than nonrenewals, requiring 60 days notice to policyholders
- Removes page length and PDF format requirements for insurance company supplier diversity reports, allowing the Department to designate the submission format
- Expands insurance coverage requirements for dependent parents who qualify as dependents under federal tax code (26 U.S.C. 152(d)) to include stand-alone dental plans from the Illinois Health Benefits Exchange
- Repeals the Health Care Purchasing Group Act and authorizes the Department to waive registration and course certification fees for pre-licensing or continuing education courses provided free by government entities
Legislative Description
INSURANCE-VARIOUS
Last Action
Placed on Calendar Order of 3rd Reading March 12, 2026
3/11/2026
Committee Referrals
Insurance2/17/2026
Assignments2/5/2026
Full Bill Text
No bill text available