Illinois pursues abortion coverage for people with little or no insurance
House Bill 5408 would take advantage of an under-used provision of the Affordable Care Act that requires insurance plans that offer coverage for abortions in instances that go beyond rape, incest and life of the mother to collect at least
Federal law requires the insurers to segregate that money and use it only for abortion care.
The bill is meant to give insurers clarity about how to use the money they collect, according to Rep.
"Similar bills have passed in
Counting the money
In
In
HB 5408 would require insurance companies to report to the
Passed committee on partisan lines
Moeller presented the bill at the
"My colleagues, we all understand, especially on the Democratic side, how important it is to provide a place for women to access reproductive health care, especially since these rights are under assault in so many places in our country," Moeller said.
Federal law prohibits federal money being used for abortion care unless the pregnancy is the result of rape or incest or the abortion is needed to save the life of the mother, but states have more leeway.
Moeller said this bill is just another way the state can support people who need abortions for reasons that don't meet federal guidelines. Advocates said it also creates a new funding stream to help providers keep up with demand.
Insurers object
Opponents of the
"It mirrors the
She said the
"While we remain committed to working with the sponsor, this bill, in its current form, is not workable for the industry," she said.
Since the 2022 overturn of Roe v. Wade,
According to the governor's office, this fund is not connected to the recently announced
According to the latest numbers from the
"We need to just stay vigilant so that it (abortion access) stays protected in


Elevance Health Q1 2026 Earnings: $10.74 EPS Forecast, Medicare Payment Boost Sparks 10% Share Rally
With Minneapolis medical center's survival threatened, staff and leaders call for state action
Advisor News
- Wealth planning vs. estate planning: Honoring your client’s wishes
- What to discuss during the first retirement planning meeting
- Inflation, competing priorities and uncertainty erode retirement security
- As health premiums rise, 1 in 8 workers cut retirement savings
- CT governor’s candidates claims: What’s true, and what’s misleading
More Advisor NewsAnnuity News
- National Life Group expands annuity portfolio
- AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
- USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
- How flexible annuities fit today’s retirement portfolios
- Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity NewsHealth/Employee Benefits News
- Missouri approves 2027 ACA health insurance rate hikes, most in double digits
- How the law protecting Americans from surprise medical bills is driving up healthcare costs
- Medicare Plus supplement vs. Medicare Advantage (Maybe) 2026– Healthful Hints
- ‘Medically frail’ Medicaid enrollees won’t have to prove their inability to work to keep coverage
- IMPLEMENTATION OF IMMIGRANT ELIGIBILITY RESTRICTIONS FOR ACA MARKETPLACE SUBSIDIES UNDER THE 2025 RECONCILIATION LAW: ISSUES TO CONSIDER
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
- FINANCIAL FRAUD
- Security Benefit Announces Planned Dividend Rate Reset for Series B Preferred Stock
- Palmetto Heritage and Atlantic Coast Life Announce Discussions Regarding Potential Acquisition
- Jury finds insurance company acted in bad faith, awards Nebraska woman $11.3M
More Life Insurance News