IL | The Illinois Department of Insurance has issued Company Bulletin 2024-11.
The purpose of this Bulletin is to provide instructions to Issuers seeking certification or recertification of individual and small group plans and Stand-alone Dental Plans (SADP) offered on the Individual and Small Business Health Options Program (SHOP) Marketplace. This Bulletin also applies to those plans offered off the ACA Marketplace (Off-Exchange) in the individual and small group markets for Plan Year 2025. Student health plans are required to meet the standards for individual Qualified Health Plans (“QHP”) with the exception of filing dates and rating rules. Student health plans must follow the specific rating and eligibility rules as outlined by CMS for such plans.
