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As the situation in Ukraine evolves, businesses should be mindful of potential risks to their people, assets, operations, or supply chains in the region and globally. Marsh, as part of the Marsh McLennan family of companies, has created a page with information, tools, and resources related to the Russia-Ukraine conflict. Please visit the page for the latest information.

February 17, 2023

The Illinois Consumer Coverage Disclosure Act: An updated review

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The Illinois Consumer Coverage Disclosure Act (the “Act”) became law on August 27, 2021, and is an addition to Illinois employment law under the jurisdiction of the Illinois Department of Labor (IDOL). The Act requires an employer to compare its medical coverage against Illinois’ list of essential health insurance benefits and disclose this information to its Illinois workforce. The disclosure’s purpose is to help employees make informed decisions about whether coverage through their employer or the individual market will best meet their needs.

In collaboration with the Illinois Department of Insurance, the IDOL published a model disclosure form on November 17, 2021 (updated periodically). This Alert addresses the Act’s requirements and other related information, including guidance we received directly from the IDOL over the past year.