Ill. Senate Democrats: Villivalam Measure to Include Dependent Coverage for Parents or Stepparents
Targeted News Service
SPRINGFIELD, Illinois, May 18 -- The Illinois Senate Democrats issued the following news:
State Senator Ram Villivalam passed a measure through the Senate to extend dependent accident and health insurance benefits to parents.
"When children are caring for parents or stepparents, it is not always seamless to provide quality and comprehensive coverage for their medical needs," said Villivalam (D-Chicago). "By expanding options for health care coverage, we are making sure that people have access to coverage that they deserve."
Villivalam's measure would require group or individual policies of accident and health insurance that provide dependent coverage to make such coverage available to parents or stepparents of the insured individual.
This coverage would only apply to parents or stepparents who receives at least six months of care from the insurance holder or who lives under the same roof as the insurance holder
"This measure not only aids in making sure people have access to the care that they deserve, but also allows for them to get that care without worrying about undue financial hardship," said Villivalam.
House Bill 5258 passed the Senate on Thursday and now heads to the governor's desk.
What is Health Insurance and How does it Work?
American Property Casualty Insurance Association: Insurers Ready to Respond to Houston's Deadly Severe Weather Damage
Advisor News
- Rising healthcare costs impact 401(k) accounts
- What advisors think about pooled employer plans, alternative investments
- AI, stablecoins and private market expansion may reshape financial services by 2030
- Cheers to summer, and planning for what comes next
- Why seniors fear spending their own retirement wealth
More Advisor NewsAnnuity News
- AuguStar Retirement launches StarStream Variable Annuity
- Prismic Life Announces Completion of Oversubscribed Capital Raise
- Guaranteed income streams help preserve assets later in retirement
- MassMutual turns 175, Marking Generations of Delivering on its Commitments
- ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
More Annuity NewsHealth/Employee Benefits News
- SEN. POORE EXPANDS COVERAGE FOR MENOPAUSE AND PERIMENOPAUSE CARE
- PA HOUSE FINANCE COMMITTEE ADDRESSES HEALTHCARE ACCESS AND AFFORDABILITY FOR WORKING PENNSYLVANIANS
- Providence to end most health insurance plans, forcing hundreds of thousands in Oregon to switch
- Flemington-Raritan Seeking Assistance From State Regarding Rising Health Insurance Costs
- Mandela Barnes proposes blocking use of AI to boost consumer prices
More Health/Employee Benefits NewsLife Insurance News
- AI, stablecoins and private market expansion may reshape financial services by 2030
- Transgender plaintiffs win preliminary victories in three gender-affirming care lawsuits
- AM Best Upgrades Issuer Credit Rating of Southern Farm Bureau Life Insurance Company
- Industry Innovator Scores New High-Water Mark: Reliance Matrix Logs 8 Millionth Employee Benefit/Absence Claim
- $150M+ asset sale payout distributed to Greg Lindberg policyholders
More Life Insurance News