Illinois health insurance : The General Assembly has sporadically been meeting, and a number of proposals, bills and issues are being filed and discussed. Of major concern to the insurance industry is funding for the State’s Section 7 high-risk pool, which is currently funded by general revenue. The General Assembly is discussing funding this pool instead by a tax on fully insured premiums, just as the State’s Section 15 HIPAA CHIP pool is funded. The insurance industry expects this $30 million-plus issue to be part of a budget proposal this session. In addition, the State has indicated that as a result of recent activities on national federal health reform, it is not planning to introduce legislation this session on health insurance exchanges, with the exception of more limited bills on rescissions and health information exchange.
Illinois Health Insurance High Risk Pool
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