4c4da195_Comparison_Summary__National_Health_Care_Reform
[Issue] Price stability [Current Illinois Law] Individual/Family Policies – NONE Illinois law does not restrict health insurance rate increases. Current Illinois law does not vest in the Department rate review or approval authority for major medical health insurance plans. The Individual Major Medical Health Policy Rate Filing Report posted on the Department’s website reveals rate increases of up to 60% in 2009. Group Policies Small businesses (50 or fewer employees) receive limited rate increase protections under current Illinois law, but remain vulnerable to unpredictable and unaffordable premium increases upon renewal. (215 ILCS 93) [National Health Care Reform] 
2010 The Department of Insurance, in conjunction with the U.S. Department of Health and Human Services (HHS), will review “unreasonable” premium increases before the increases take effect. Health insurance companies must post information justifying premium increases on company websites. 2014 Health insurance companies with a pattern of unreasonable premium increases may be prohibited from selling policies on the State-based Health Insurance Exchange.
Comparison Summary
National Health Care Reform