Illinois § 1405-51

Illinois Statutes

§ 1405-51

Illinois § 1405-51

TopicGOVERNMENT

Ch. 20EXECUTIVE BRANCH

Act 20 ILCS 1405/Civil Administrative Code of Illinois. (Department of Insurance Law)

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Bluebook

20 Ill. Comp. Stat. 1405-51 (2026).

Text

Health insurance coverage, affordability, and cost transparency annual report.

(a)On or before May 1, 2026, and each May 1 thereafter, the Department of Insurance shall report to the Governor and the General Assembly on health insurance coverage, affordability, and cost trends, including:

(1)medical cost trends by major service category, including prescription drugs;

(2)utilization patterns of services by major service categories;

(3)impact of benefit changes, including essential health benefits and non-essential health benefits;

(4)enrollment trends;

(5)demographic shifts;

(6)geographic factors and variations, including changes in provider availability;

(7)health care quality improvement initiatives;

(8)inflation and other factors impacting this State's economic condition;

(9)th

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Health insurance coverage, affordability, and cost transparency annual report. (a) On or before May 1, 2026, and each May 1 thereafter, the Department of Insurance shall report to the Governor and the General Assembly on health insurance coverage, affordability, and cost trends, including: (1) medical cost trends by major service category, including prescription drugs; (2) utilization patterns of services by major service categories; (3) impact of benefit changes, including essential health benefits and non-essential health benefits; (4) enrollment trends; (5) demographic shifts; (6) geographic factors and variations, including changes in provider availability; (7) health care quality improvement initiatives; (8) inflation and other factors impacting this State's economic condition; (9) the availability of financial assistance and tax credits to pay for health insurance coverage for individuals and small businesses; (10) trends in out-of-pocket costs for consumers; and (11) factors contributing to costs that are not otherwise specified in paragraphs (1) through (10) of this subsection. (b) This report shall not attribute any information or trend to a specific company and shall not disclose any information otherwise considered confidential or proprietary.