Ill. Senate Democrats Stand Against Predatory Insurance Practices
"The big time insurance companies are going to fight us on this, but we are going to bring the public - the people of
Senate Bill 3739 aims to ban step therapy and prior authorization for crisis mental health care, improve network adequacy and end unchecked rate increases for large group insurance companies.
The initiative follows various instances of residents struggling to receive treatment from their health care provider due to prior authorization requirements and other issues when attempting to access health care.
"I'm no stranger to the frustrating prior authorization practices of our health insurance industry. My son has a rare heart malformation that has required multiple insurance re-approvals over the years, and before my daughter passed after being diagnosed with acute myeloid leukemia, we dealt with the prior authorization processes once again," said State Senator
The measure would secure access to treatment for individuals experiencing a mental health crisis by eliminating prior authorization requirements, ensuring the safety of the individual and their communities. Additionally, insurance companies would be required to provide updated and accurate information of the availability of providers in their network. The bill would also end unchecked rate increases in fully-insured large group insurance carriers, making insurance more affordable.
"Prior authorization from an insurance company for prescriptions, medical care or even hospitalization, prevents the physician and their patient from following the best course of treatment," said State Senator
Senate Bill 3739 has been assigned to the
* * *
Original text here: https://www.illinoissenatedemocrats.com/caucus-news/5440-senate-democrats-stand-against-predatory-insurance-practices


Legal & General Retirement America and RGA Partner to Complete $700 Million Pension Risk Transfer Transaction with FirstEnergy
AM Best Affirms Credit Ratings of Fidelity Life Assurance Company Limited
Advisor News
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
More Advisor NewsAnnuity News
- Symetra and TIAA Announce Launch of Mariner Re
- Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
More Annuity NewsHealth/Employee Benefits News
- The percentage of people without health insurance is growing
- Shopping for ACA plan this year? Here’s what you need to know
- 10 things to know about open enrollment for 2027
- WITH FEDERAL MEDICAID CHANGES, BROWN STUDENTS AIM TO HELP PEOPLE STAY COVERED ON HEALTH INSURANCE
- HEALTH COVERAGE CONSUMERS SHOULD BE WARY OF SUBPAR PRODUCTS
More Health/Employee Benefits NewsLife Insurance News