(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. This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706. Contact ILGA Webmaster ILGA.GOV 2026 ILGA.gov | All Rights Reserved | ADA | Disclaimers | Learn This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706. 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20 ILCS 1405/1405-51
Health insurance coverage, affordability, and cost transparency annual report
Known as the Department of Insurance Law
The act spans §§ 20-1405-1405-1 to 20-1405-1405-51 (13 sections).
P.A. 103-106, eff. 1-1-24; 103-605, eff. 7-1-24.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.