Health insurance coverage, affordability, and cost transparency annual report

20 ILCS 1405/1405-51, under DEPARTMENT OF INSURANCE.

20 ILCS 1405/1405-51

(20 ILCS 1405/1405-51)     Sec. 1405-51. Health insurance coverage, affordability, and cost transparency annual report.     (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. (Source: P.A. 103-106, eff. 1-1-24; 103-605, eff. 7-1-24.)