§2160.610. Local Government Health Insurance Reserve Fund  


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    a)         Premium payments by Units for group health coverage shall be deposited in the Local Government Health Insurance Reserve Fund (see 5 ILCS 375/10(i)).  The Fund may also receive deposits of other revenues and monies.

     

    b)         All expenditures from this Fund shall be used for payments of Members' health care benefits and to reimburse the Department, HFS, Administrative Service Organizations and insurers for all expenses incurred in the administration of the Plan.  No State funds shall be used for these purposes.

     

(Source:  Amended at 32 Ill. Reg. 15994, effective September 11, 2008)