Yednock Advances Bill Simplifying Insurance Policy Language

SPRINGFIELD, Ill. –Continuing his commitment standing up for consumers of Illinois, State Rep. Lance Yednock, D-Ottawa, advanced legislation requiring easy to understand language in insurance policies and agreements.

“No one should need a law degree or be an insurance broker themselves to be able to understand their insurance policies,” said Yednock. “Requiring language in insurance policies and contracts to be simple enough to understand allows consumers to better understand their policy and the rights and privileges that come with it.”

Yednock’s House Bill 3451 passed out of the Insurance committee earlier this week, which requires insurance contracts to be able to be read and understood by people with average levels of intelligence and education. Yednock’s steadfast commitment to protecting insurance consumers includes legislation requiring health insurance companies to cover life-saving treatments without prior approval and ensuring affordable and accessible healthcare.

“Illinoisans deserve to know exactly what they are paying for,” said Yednock. “Better informed consumers make better decisions for themselves, their families, and their wallets, and every person should be able to understand their policy easily when it comes to critical issues like health insurance.”