SPRINGFIELD – To improve transparency, State Senator Laura Fine introduced a measure that would provide consumers with an overview of new laws impacting their insurance benefits.

“Transparent and easily accessible information about benefits is essential,” said Fine (D-Glenview). “It is important for enrollees and prospective enrollees to know their insurance benefits cover their medical needs based on current and new laws.”

Currently, health insurance providers are required to provide enrollees with a list of in-network providers and a description of their coverage annually upon request. Senate Bill 1346 would expand the list of required information to include any newly enacted state coverage mandates. The Illinois Department of Insurance would be required to post an annual report on its website with this information.

Additionally, health care benefit plans would be required to issue a benefit information card displaying if the plan is self-insured or fully funded and if the plan is subject to regulation by the Department of Insurance.

“Policyholders choose the health care plan that meets their needs, and it is important for them to have access to information indicating whether or not their benefits have changed,” said Fine. “This measure eliminates confusion for consumers.”

Senate Bill 1346 passed the Senate Insurance Committee on Tuesday.