INS CD-LONGTERM CARE INSURANCE House SponsorsRep. Michael Tryon-Carolyn H. Krause-Patricia R. Bellock 1/13/2009HouseSession Sine Die 215 ILCS 5/Art. XLV heading new215 ILCS 5/1500 new215 ILCS 5/1505 new215 ILCS 5/1510 new215 ILCS 5/1515 new215 ILCS 5/1520 new215 ILCS 5/1525 new215 ILCS 5/1530 new215 ILCS 5/1535 new215 ILCS 5/1540 new215 ILCS 5/1545 new215 ILCS 5/1550 new215 ILCS 5/1555 new215 ILCS 5/1560 new215 ILCS 5/1565 new215 ILCS 5/1570 new215 ILCS 5/1575 new215 ILCS 5/1580 new215 ILCS 5/1585 new215 ILCS 5/1590 new215 ILCS 5/1595 new215 ILCS 5/1600 new215 ILCS 5/1605 new215 ILCS 5/1610 new215 ILCS 5/1615 new215 ILCS 5/1620 new215 ILCS 5/1625 new215 ILCS 5/1630 new215 ILCS 5/1635 new215 ILCS 5/1640 new215 ILCS 5/Art. XIXA rep. Creates the Long-Term Care Program Article of the Illinois Insurance Code. Provides that the Illinois long-term care program is established to: (1) provide incentives for individuals to insure against the costs of providing for their long-term care needs; (2) provide a mechanism for individuals to qualify for coverage of the costs of their long-term care needs under the Medicaid program without first being required to substantially exhaust all their resources; (3) assist in developing methods for increasing access to and the affordability of a long-term care policy; (4) provide counseling services to individuals in planning for their long-term care needs; and (5) alleviate the financial burden on the State's medical assistance program by encouraging the pursuit of private initiatives. Provides for the implementation and administration of the Article by the Division of Insurance and the Department of Healthcare and Family Services. Sets forth the formula for an asset disregard adjustment under the Illinois long-term care program. Sets forth requirements and prohibitions concerning qualified long-term care policies and insurers. Provides for policy disclosure and other standards. Contains provisions concerning long-term care benefits, group policy certificates, and compensation of insurance producers. Provides that the Director of the Division may impose a civil penalty against an insurer who has violated the Article or rules adopted under the Article. Repeals the Long-Term Care Insurance Article of the Illinois Insurance Code. 2/22/2007HouseFiled with the Clerk by Rep. Michael Tryon 2/22/2007HouseFirst Reading 2/22/2007HouseReferred to Rules Committee 2/27/2007HouseAssigned to Human Services Committee 3/2/2007HouseAdded Chief Co-Sponsor Rep. Carolyn H. Krause 3/14/2007HouseAdded Chief Co-Sponsor Rep. Patricia R. Bellock 3/23/2007HouseRule 19(a) / Re-referred to Rules Committee 1/13/2009HouseSession Sine Die