VISION BENEFIT MANAGERS

Summary

The bill creates a new Vision Benefit Managers Article that obliges any vision benefit manager doing business in Illinois to register with the Department of Insurance starting July 1, 2026. Collected registration fees are deposited into a special Low‑Income Student Vision Examination Fund. It also revises the Vision Care Plan Regulation Act—renamed the Vision Benefit Manager Regulation Act—adding consumer‑protective rules for eye‑care providers and enrollees.

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