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Friday, December 3, 2021

New Employer Well being Insurance coverage Disclosure Requirement Underneath the Illinois Client Protection Disclosure Act | Laner Muchin, Ltd.

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On August 27, 2021, Governor Pritzker signed the Client Protection Disclosure Act (the Act), which turned efficient instantly. The Act requires Illinois employers (each personal and governmental) to confide in all new hires who’re eligible for group well being plan protection and all group well being plan members yearly an easy-to-understand comparability between the advantages offered underneath the plan and the “important well being advantages” required by the Illinois Division of Insurance coverage (DOI) for particular person and small group medical health insurance protection. The Act doesn’t mandate protection of important well being advantages, it merely mandates a disclosure that compares an employer’s present profit protection with the checklist of important well being advantages offered by the DOI. This comparability could also be offered by way of electronic mail or posted to a web site that an worker is ready to recurrently entry.

The DOI lately issued FAQs concerning the Act and included a pattern comparability chart which lists Illinois’ checklist of important well being advantages for 2020-2022. Employers that sponsor group well being plans ought to work with their third get together directors and insurance coverage carriers to organize the disclosure. On condition that the timing necessities underneath the Act are comparable to people who apply with respect to Summaries of Advantages and Protection (SBC), many employers could need to plan to ship the brand new disclosure together with the SBC. The Illinois Division of Labor has enforcement authority underneath the Act. Employers that fail to offer the disclosure can have 30 days to conform or face penalties.



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