Insurance regulation bills clear General Assembly – Capitol News IL

For Gov. JB Pritzker, the two bills represent a continuation of his push to put greater controls on the Illinois insurance industry. In 2023 and 2024, he successfully pushed legislation giving the Insurance Department authority to review and approve rates for small- and large-group health insurance plans.
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Giles Caver
2 hours ago

Dumb. Most insurance regulations are counterproductive, shifting cost burdens from higher risks to lower risks and thus pushing out lower risk customers and increasing overall risk profiles.

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