Chapter 215, INSURANCE

(215 ILCS 5/245) (from Ch. 73, par. 857) Sec. 245. Salaries; pensions. (1) No domestic life company shall directly or indirectly pay any salary, compensation or emolument to any officer, trustee or director thereof, or any salary, compensation or emolument amounting in any year t…

(215 ILCS 5/245.1) (from Ch. 73, par. 857.1) Sec. 245.1. Assignability of life insurance. No provision of the Illinois Insurance Code, or any other law prohibits an insured under any policy of life insurance, or any other person who may be the owner of any rights under such polic…

(215 ILCS 5/245.2) (from Ch. 73, par. 857.2) Sec. 245.2. Not-for-profit organizations; beneficiary of insurance on member's life. Members of not-for-profit organizations that are exempt from taxation as described in paragraph (3), (4), (5), (9), or (10) of subsection (c) of Secti…

(215 ILCS 5/245.3) Sec. 245.3. Irrevocable assignment of life insurance to a funeral home. An insured or any other person who may be the owner of rights under a policy of life insurance may make an irrevocable assignment of all or a part of his or her rights under the policy to a…

(215 ILCS 5/246) (from Ch. 73, par. 858) Sec. 246. Scope of article. This article shall apply to companies that issued the policies or annuity bonds, and to the policies or annuity bonds, referred to in an Act entitled: "An Act to provide for the deposit of reserve and the regist…

(215 ILCS 5/247) (from Ch. 73, par. 859) Sec. 247. Deposit of reserves on registered policies. Any company heretofore making deposits and registering policies pursuant to the act mentioned in section 246 shall keep and maintain such deposit with the Director in securities which a…

(215 ILCS 5/248) (from Ch. 73, par. 860) Sec. 248. Registration of new policies prohibited. After the effective date of this Code the Director shall not register any new policies that are issued by any company, nor accept any deposits covering reserves on business thereafter writ…

(215 ILCS 5/249) (from Ch. 73, par. 861) Sec. 249. Valuation of registered policies. The Director shall keep such a record of the policies that have been issued pursuant to the act mentioned in section 246 as to enable him to compute their value at any time. Upon written proof at…

(215 ILCS 153/25) Sec. 25. Procedure for approval of transfers. (a) No annuity issuer or structured settlement obligor may make payments on a structured settlement to anyone other than the payee or beneficiary of the payee without prior approval of the circuit court. No payee or …

(215 ILCS 139/25) Sec. 25. Applicability and enforcement. (a) This Act applies to health care benefit plans that are amended, delivered, issued, or renewed on and after the effective date of this amendatory Act of the 92nd General Assembly. (b) The Director may adopt rules necess…

(215 ILCS 93/25) Sec. 25. Premium Rates. (a) Premium rates for health benefit plans subject to this Act shall be subject to all of the following provisions: (1) The index rate for a rating period for any class of business shall not exceed the index rate for any other class of bus…

(215 ILCS 215/25) Sec. 25. Power of Director. (a) The Director shall have power to examine and investigate the affairs of any licensee to determine whether the licensee has been or is engaged in any conduct in violation of this Act. This power is in addition to the powers which t…

(215 ILCS 136/25) Sec. 25. Suspension or revocation of license and other penalties. If a vendor of portable electronics or its employee or authorized representative violates any provision of this Act, then the Director may do any of the following: (1) take any action in accordanc…

(215 ILCS 97/25) Sec. 25. Prohibiting discrimination against individual participants. (A) In eligibility to enroll. (1) In general. Subject to paragraph (2), a group health plan, and a health insurance issuer offering group health insurance coverage in connection with a group hea…

(215 ILCS 205/25) Sec. 25. Other provisions. (a) With respect to the regulation of private flood insurance coverage written in this State by authorized insurers, this Section supersedes any other provision of the Illinois Insurance Code in the event of a conflict. (b) An insurer …

(215 ILCS 159/25) Sec. 25. Reporting requirements and privacy. (a) Each viatical settlement provider shall file with the Director on or before March 1 of each year a copy of its audited annual statement for the immediately preceding year ending December 31. The Director may requi…

(215 ILCS 124/25) Sec. 25. Network transparency. (a) A network plan shall post electronically an up-to-date, accurate, and complete provider directory for each of its network plans, with the information and search functions, as described in this Section. (1) In making the directo…

(215 ILCS 100/25) (from Ch. 73, par. 1625) Sec. 25. Duties of insurers utilizing the services of a reinsurance intermediary broker. (a) An insurer shall not engage the services of any person, firm, association, or corporation to act as an intermediary broker on its behalf unless …

(215 ILCS 200/25) Sec. 25. Health insurance issuer's and its contracted utilization review organization's obligations with respect to prior authorizations in nonurgent circumstances. Notwithstanding any other provision of law, if a health insurance issuer requires prior authoriza…

(215 ILCS 185/25) Sec. 25. Lost policy finder. (a) The Department shall develop and implement a lost policy finder to assist requesters with locating unclaimed life insurance benefits. The lost policy finder shall be available online and via other means. The Department shall assi…

(215 ILCS 106/25) Sec. 25. Health benefits for children. (a) The Department shall, subject to appropriation, provide health benefits coverage to eligible children by: (1) Until December 31, 2013 and providing that no application for such coverage shall be accepted after September…

(215 ILCS 107/25) Sec. 25. Penalties. (a) If the Director believes that the controlling producer or any other person has not materially complied with this Act or any regulation or order promulgated hereunder, after notice and opportunity to be heard, the Director may order the co…

(215 ILCS 165/25) (from Ch. 32, par. 619) Sec. 25. A health services plan corporation may receive and accept from governmental or private agencies or from other persons as defined in this Act, payments covering all or part of the cost of subscriptions to provide health services f…

(215 ILCS 157/25) Sec. 25. Dispute resolution and error correction. If it is determined through the dispute resolution process set forth in the federal Fair Credit Reporting Act, 15 U.S.C. 1681i(a)(5), that the credit information of a current insured was incorrect or incomplete a…

(215 ILCS 161/25) Sec. 25. Subcontractors. The provisions of this Act apply to any subcontractors used by a vision care organization to supply materials or services to an eye care provider or an enrollee under a vision care plan. (Source: P.A. 103-482, eff. 8-4-23.)

(215 ILCS 109/25) Sec. 25. Provision of information. (a) A managed care dental plan shall provide upon request to prospective enrollees a written summary description of all of the following terms of coverage: (1) Information about the dental plan, including how the plan operates …

(215 ILCS 113/25) Sec. 25. Record keeping and reporting requirement. (a) A lessor shall maintain accounting and employment records relating to all employee leasing arrangements for a minimum of 4 calendar years. A lessor shall maintain the address of each office it maintains in t…

(215 ILCS 134/25) Sec. 25. Transition of services. (a) A health care plan shall provide for continuity of care for its enrollees as follows: (1) If an enrollee's health care provider leaves the health care plan's network of health care providers for reasons other than termination…

(215 ILCS 110/25) (from Ch. 32, par. 690.25) Sec. 25. Application of Insurance Code provisions. Dental service plan corporations and all persons interested therein or dealing therewith shall be subject to the provisions of Articles IIA, XI, and XII 1/2 and Sections 3.1, 133, 136,…

(215 ILCS 150/25) (from Ch. 148, par. 225) Sec. 25. Trust funds established under and which fully comply with this Act shall not be considered insurance companies or to be in the business of insurance nor shall they be subject to regulation under the Illinois Insurance Code, as a…

(215 ILCS 155/25) (from Ch. 73, par. 1425) Sec. 25. Actual damages; injunctive relief. (a) Any person or persons who violate the prohibitions or limitations of subsection (a) of Section 21 of this Act shall be liable to the person or persons charged for the settlement service inv…

(215 ILCS 180/25) Sec. 25. Request for external review. A covered person or the covered person's authorized representative may make a request for a standard external or expedited external review of an adverse determination or final adverse determination. Except as set forth in Se…

(215 ILCS 152/25) Sec. 25. Registration requirements for service contract providers. (a) No service contract shall be issued or sold in this State until the following information has been submitted to the Department: (1) the name of the service contract provider; (2) a list ident…

(215 ILCS 220/25) (This Section may contain text from a Public Act with a delayed effective date) Sec. 25. Notification requirements for downcoded claims. When a claim is downcoded, the health care payor shall notify the billing health care professional using the appropriate CARC…

(215 ILCS 5/25) (from Ch. 73, par. 637) (Section scheduled to be repealed on January 1, 2037) Sec. 25. Voluntary surrender of the articles of incorporation. At any time prior to the issuance of the certificate of authority to the company the articles of incorporation may be volun…

(215 ILCS 132/25) Sec. 25. The Partnership for Long-Term Care Act is repealed. (Source: P.A. 95-200, eff. 8-16-07.)

(215 ILCS 111/25) Sec. 25. Rules; modification of rules. (a) The Department may adopt rules as necessary to implement this Act and may establish further exemptions to this Act by rule. (b) A dental plan carrier or dental care provider may not add to or modify the uniform electron…

(215 ILCS 150/25.1) (from Ch. 148, par. 225.1) Sec. 25.1. (a) Any trust fund organized under this Act may reorganize itself as a mutual insurance company or a reciprocal in accordance with the provisions of this Section, provided that it has both (1) a net fund balance (surplus),…

(215 ILCS 5/250) (from Ch. 73, par. 862) Sec. 250. Additional deposits. Each company which shall have made the deposit provided for by the act mentioned in section 246, shall make additional deposits from time to time in amounts of not less than five thousand dollars of securitie…

(215 ILCS 134/250) Sec. 250. (Amendatory provisions; text omitted.) (Source: P.A. 91-617, eff. 1-1-00; text omitted.)

(215 ILCS 5/251) (from Ch. 73, par. 863) Sec. 251. Record of securities-Deficit-When insolvent. The Director shall keep a record of the securities deposited by each company and when furnishing the annual certificate of valuation mentioned in section 249, he shall enter thereon th…

(215 ILCS 5/252) (from Ch. 73, par. 864) Sec. 252. May increase deposit-Withdrawal of securities-Right to income. Any such company may increase its deposits at any time by making additional deposits of not less than five thousand dollars of securities which are authorized investm…

(215 ILCS 5/253) (from Ch. 73, par. 865) Sec. 253. Deposits kept separate. The securities deposited with the Director pursuant to the act mentioned in section 246, shall be kept in the same manner but separate from other deposits of the company. (Source: Laws 1937, p. 696.)…

(215 ILCS 110/26) (from Ch. 32, par. 690.26) Sec. 26. Examination of corporations. The Director shall have, with respect to dental service plan corporations, the powers of examination conferred upon him relative to insurance companies by Sections 132 through 132.7 of the Illinois…

(215 ILCS 150/26) (from Ch. 148, par. 226) Sec. 26. The provisions of the Administrative Review Law, as amended, shall apply to and govern all proceedings for the judicial review of final administrative decisions under this Act. (Source: P.A. 82-783.)

(215 ILCS 165/26) (from Ch. 32, par. 620) Sec. 26. A health services plan corporation incorporated prior to January 1, 1965, operated on a not for profit basis, and neither owned or controlled by a hospital shall not be liable for injuries resulting from negligence, misfeasance, …

(215 ILCS 155/26) Sec. 26. Settlement funds. (a) A title insurance company, title insurance agent, or independent escrowee shall not make disbursements in connection with any escrows, settlements, or closings out of a fiduciary trust account or accounts unless the funds in the ag…

(215 ILCS 5/26) (from Ch. 73, par. 638) (Section scheduled to be repealed on January 1, 2037) Sec. 26. Deposit. (a) A company subject to the provisions of this Article shall make and maintain with the Director for the protection of all creditors, policyholders and policy obligati…

(215 ILCS 106/26) Sec. 26. Moratorium on eligibility expansions. Beginning on the effective date of this amendatory Act of the 96th General Assembly, there shall be a 2-year moratorium on the expansion of eligibility through increasing financial eligibility standards, or through …

(215 ILCS 165/27) (from Ch. 32, par. 621) Sec. 27. Health services plan corporations organized under this Act shall be operated and conducted not-for-profit and shall be governed by the provisions of the "General Not for Profit Corporation Act", approved July 17, 1943, as amended…