Any insurance company, health maintenance organization or health service plan authorized to offer health insurance coverage, as that term is defined in the Illinois Health Insurance Portability and Accountability Act [215 ILCS 97/1 et.seq.], must file all proposed rate increases with the Illinois Department of Insurance prior to its use.
The Health Premium Rate Review Program is designed to evaluate premium rate increases proposed by health care plans marketing in Illinois, protect consumers from unreasonable rate increases and educate consumers on the medical and administrative costs driving such increases. The Program covers individual and group major medical policies, hospital/surgical medical expense policies, and student/blanket policies; including any conversion coverage offered through these products.
Consistent with these goals, the Illinois Department of Insurance provides premium rate increase information to Illinois consumers and policymakers. You can also submit questions, concerns and comments related to rate filings found on this page. When submitting your comments, please identify both the company and the policy number. The Department cannot respond to submitted comments but will respond to questions consistent with our Comment Policy. Contact us: DOI.HealthRateReview@illinois.gov
Individual & Group Health Premium Rate Filings Since 2010
| 2010 Indiv/ Group | 2011 Indiv/ Group | 2012 Indiv/ Group | 2013 Indiv/ Group | 2014 Indiv/ Group | 2015 Indiv/ Group | 2016 Indiv/ Group | 2017 Indiv/ Group | |
|---|---|---|---|---|---|---|---|---|
| Number of Rate Filings | 61 | 145 | 139 | 115 | 149 | 145 | 128 | 113 |
- Proposed Rate Increases of 10% or more
Since September 1, 2011, health insurance companies are required to inform the public when they want to increase health insurance rates for individual or small group policies by an average of 10% or more.
Companies file proposed rate increase requests with the federal government and the Department. The filings must include "justification" which is rating documentation on a federal form, including a summary of certain factors underlying a proposed rate increase and an explanation for the proposed increase from the insurance company.
You can access the summary and disclosure form here: HealthCare.gov website