INS CD-COST SHARING RESTRICT

This bill amends the Illinois Insurance Code to ensure that group accident and health insurance policies cover certain examination and testing services for victims of specific crimes without requiring out-of-pocket costs like deductibles or copayments. The only exception is if such coverage would make a high-deductible health plan ineligible for a health savings account. The bill is set to take effect on January 1, 2027.

Supporters of this bill argue that it provides essential support to crime victims by removing financial barriers to necessary medical services. They believe that ensuring no cost-sharing for these services will encourage victims to seek the care they need without the fear of additional expenses.

Critics of the bill may argue that it could lead to increased insurance premiums for all policyholders as insurers adjust to cover the costs of mandatory services without cost-sharing. They might also express concerns about the potential impact on the viability of high-deductible health plans and health savings accounts.