Pritzker Signs Bills Altering Illinois’ Health Insurance Market
•July 5, 2023•
By Peter Hancock
Capitol News Illinois
phancock @ capitolnewsillinois.com
Gov. JB Pritzker signed legislation Tuesday that will dramatically alter the health insurance market in Illinois.
The measures establish a state-based exchange for policies sold under the Affordable Care Act and give the Illinois Department of Insurance the authority to modify or reject proposed rate increases.
“Since day one of my administration, I’ve been committed to making health care more equitable and holistic and accessible,” Pritzker said at a bill signing ceremony in Chicago. “With these bills, we aren’t just increasing access to affordable preventative care, we’re improving the quality of life for millions who call Illinois home.”
Under the Affordable Care Act, people who are not eligible for Medicaid but who do not have access to affordable health insurance through their employer can buy subsidized policies through an online exchange operated by either the federal government or their state government.
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