On May 16, ILL LEG passed bill addressing dental plan financing.
ILL LEG passed HB 4891 on third-party financing for dental services prohibitions.
Amended Illinois dental practice act (ILL LEG 225-25) to set financing restrictions.
Added new section ILL LEG 225-25/45.5, third-party financings for dental services.
Bill Provisions
Dentist may not arrange/broker/establish financing extended by 3rd party for patient.
May not complete any portion of an application for financing extended by a third party.
Further, dentist is prohibited from providing electronic device for the patient to apply.
Prohibited from promoting or advertising material for financing extended by a third party if patient is under influence of anesthesia, being treated, or is in treatment area.
Established disclosure requirements for discussing/providing application for financing.
Legislative History
On Feb. 7, 2024, bill was introduced in House; on Apr. 18, 2024, bill passed House.
On Apr. 19, 2024, bill was introduced in Senate; on May 16, 2024, bill passed Senate.
Effectiveness
Upon approval, HB4891 provisions will become effective on Jan. 1, 2025.
