Illinois HB3607 mandates that health insurance policies issued after January 1, 2027, cannot charge copayments or deductibles over $1,000, and limits.
Illinois HB3607 amends various health insurance-related statutes to prohibit group or individual health insurance policies issued, amended, delivered, or renewed on or after January 1, 2027, from charging insured persons a copayment as a method of cost-sharing or including a deductible greater than $1,000. It also mandates that yearly out-of-pocket expenses for insured persons must be less than or equal to $1,500.
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