Illinois § 5H-3
Full text of Illinois Illinois Compiled Statutes § 5H-3, with citation guidance and answers to common questions.
§ 5H-3.
Sec. 5H-3. Managed care assessment. (a) There is imposed upon managed care organization member months an assessment, calculated on base year data, as set forth below for the appropriate tier: (1) Tier 1: $78.90 per member month. (2) Tier 2: $1.40 per member month. (3) Tier 3: $2.40 per member month. (b) The tiers are established as follows: (1) Tier 1 includes the first 4,195,000 member months in a Medicaid managed care organization for the base year; (2) Tier 2 includes member months over 4,195,000 in a Medicaid managed care organization during the base year; and (3) Tier 3 includes member months during the base year in a managed care organization that is not a Medicaid managed care organization. (c) For State fiscal year 2020, and for each State fiscal year thereafter, the Department may adjust rates or tier parameters or both in order to maximize the revenue generated by the assessment consistent with federal regulations and to meet federal statistical tests necessary for federal financial participation. Any upward adjustment to the Tier 3 rate shall be the minimum necessary to meet federal statistical tests. (Source: P.A. 103-593, eff. 6-7-24.)
Frequently Asked Questions About Illinois § 5H-3
What does Illinois Compiled Statutes § 5H-3 cover?
Section 5H-3 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 5H-3?
A common citation format is "Illinois Compiled Statutes § 5H-3" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 5H-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.