IL| The Illinois Department of Insurance Bulletin 2026-03 updates who must file, how to file, and how to format Illinois insurance supplier diversity reports due on and after April 1, 2026, including coordination with existing rules and FAQs.
Key Points:
- Applies to authorized/accredited insurers, HMOs, limited health service orgs, dental service plan corporations, and accredited reinsurers with at least $50 million in net admitted assets, with specified exclusions (e.g., captives, fraternals, entities offering only Medicare Part C/D in Illinois).
- Reports must use the Department’s fillable PDF template from the Insurance Supplier Diversity webpage and be filed via SERFF under the designated Annual Reports / Supplier Diversity Report TOI and sub‑TOI, marked for public access.
- Detailed formatting rules govern how to list certifications (Question 3), state internal goals and program results by commodity/category and inclusion supplier type (Questions 4–5), and calculate overall inclusion‑supplier spend percentages.
- Question 6 is reserved for explaining unique circumstances or irregularities, and entities should also consult 50 Ill. Adm. Code 910 and posted FAQs.