Illinois Compiled Statutes 305 ILCS 5/5A-12.8 – Report to the General Assembly
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In order to facilitate transparency, accountability, and future policy development by the General Assembly, the Department shall provide the reports and information specified in this Section. By February 1, 2022, the Department shall provide a report to the General Assembly that includes, but is not limited to, the following:
(1) information on the total payments made under
(1) information on the total payments made under
Section 5A-12.7 through December 1, 2021 broken out by payment type; and
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(2) after consulting the hospital community and other
interested parties, information that summarizes and identifies options and stakeholder suggestions on the following:
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(A) policies and practices to improve access to
care, improve health, and reduce health disparities in vulnerable communities;
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(B) analysis of charity care by hospital;
(C) revisions to the payment methodology for
Terms Used In Illinois Compiled Statutes 305 ILCS 5/5A-12.8
- Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
- Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
- You are late making a payment or commit some other default, triggering an increase to a penalty rate
- The bank changes the terms of your account and you do not reject the change.
- The rate expires (if the rate was fixed for only a certain period of time).
- Hospital: means an institution, place, building, or agency located in this State that is subject to licensure by the Illinois Department of Public Health under the Hospital Licensing Act, whether public or private and whether organized for profit or not-for-profit. See Illinois Compiled Statutes 305 ILCS 5/5A-1
(C) revisions to the payment methodology for
graduate medical education;
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(D) revisions to the directed payment
methodologies, including the opportunity for hospitals to shift from the fixed pool to the fixed rate directed payments;
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(E) the definitions of and criteria to qualify as
a safety-net hospital, a high Medicaid hospital, or a children’s hospital; and
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(F) options to revise the methodology for
calculating the assessment under Section 5A-2.
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