Illinois Compiled Statutes 215 ILCS 93 Small Employer Health Insurance Rating Act. Section 5

    (215 ILCS 93/5)

    Sec. 5. Purpose. The legislature recognizes that all too often, small employers are forced to increase employee co-pays and deductibles or drop health insurance coverage altogether because of unexpected rate increases as a result of one major medical problem. It is the intent of this Act to improve the efficiency and fairness of the small group health insurance marketplace.

(Source: P.A. 91-510, eff. 1-1-00.)

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Last modified: February 18, 2015