2025-04-17T14:42:25-05:00 2024-12-31 990 2024-01-01 363117539 Illinois Life & Health Insurance Guaranty Association % Janis D Potter ILLI 7737148050 901 Warrenville Road STE 400 Lisle IL 60532 JANIS D POTTER Executive Director 7737148050 2025-04-17 true 2024 2025-03-06 01:10:19Z Janis D Potter 901 Warrenville Rd Ste 400 Lisle IL 60532 55913593 false X www.ilhiga.org X 1980 IL Organized in 1980 under Chapter 215 Art XXXIIII12 of the Illinois Insurance Code to assure fulfillment of covered policy obligations 11 11 9 11 0 0 0 11631222 52558693 2880902 3354900 0 14512124 55913593 0 0 1336807 1363519 0 0 9627046 11991594 10963853 13355113 3548271 42558480 89725084 128658716 13757730 10066834 75967354 118591882 X Purpose is to protect Illinois resident policyholders, enrollees and their beneficiaries, assignees and payees covered by the Act in the event of the insolvency of a member insurer by payment of benefits. false false 13000000 56000000 The expenses during 2024 were $13 million of which $11 million was paid to or on behalf of policyholders. Revenue during 2024 totaled $56 million which was comprised of $45 million in assessments; $4 million reserve transfer activity; $3 million in premium collections; $3 million in net investment income; $1 million in estate recoveries. N/A N/A 13000000 false false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 270 0 true 9 true false false false false false false false false X 11 11 false false false false true true true true true false false true true true true true true true false false X JANIS D POTTER 7737148050 901 Warrenville Road Lisle IL 60532 JANIS D POTTER Executive Director 40.00 0.00 X 437873 0 63986 LILLIAN CILANO Controller 40.00 0.00 X 216575 0 32783 DAVID K HILL Chair 1.00 0.00 X X 0 0 0 JAMES R JONES DOI Appointee 1.00 0.00 X 0 0 0 NEIL JACKSON SecretaryTreasurer 1.00 0.00 X X 0 0 0 AMY CONDO Vice Chair 1.00 0.00 X X 0 0 0 Prudential Insurance Co Director 1.00 0.00 X 0 0 0 State Farm Life Insurance Director 1.00 0.00 X 0 0 0 Principal Life Insurance Director 1.00 0.00 X 0 0 0 Trustmark Insurance Co Director 1.00 0.00 X 0 0 0 Northwestern Mutual Life Director 1.00 0.00 X 0 0 0 Healthcare Service Corp Director 1.00 0.00 X 0 0 0 UnitedHealthcare Insurance Director 1.00 0.00 X 0 0 0 Country Life Insurance Director 1.00 0.00 X 0 0 0 CVS HealthAetna Director 1.00 0.00 X 0 0 0 654448 0 96769 2 false true false Assessments 524298 44999267 44999267 Reserve Transfer Activity 524298 3563129 3563129 Premiums 524298 2797601 2797601 Estate Recoveries 524298 1120196 1120196 78500 78500 52558693 3354900 3354900 0 55913593 52558693 0 3354900 501859 511010 63044 219447 68159 54764 50375 50000 81946 51998 95059 154766 197389 68069 9778 12516 80216 Benefits to Policyholders 10672926 Expenses Paid to NOLHGA 291681 120111 13355113 0 0 0 419017 11775 17395276 40962465 85575 865461 8843 10191 393856 350485 24834 43371 69494518 74401892 1987403 2141717 259956 145507 49662 10076337 89725084 128658716 78127 86920 13679603 9979914 13757730 10066834 X 1623779 1086287 74343575 117505595 75967354 118591882 89725084 128658716 42558480 66048 0 X X false true X true false 393856 350485 43371 43371 Reserve closednon-activa 9803527 Lease Liabilities-Operati 176387 9979914 X 120012 120012 55793581 55793581 55913593 657504 657504 12697609 12697609 13355113 Part XI, Line 4b-Other revenue not included on Sch D but on 990 Revenue from Insolvent Estates & Intercompany Adjustments $55,793,581 Part XII, Line 4b-Other expenses not included on Sch D but on 990 Expenses from Insolvent Estates & Intercompany Adjustments $12,697,609 Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) The association is exempt from federal income taxes under section 501(c)(6) ofthe internal revenue code. The association is also exempt from payment ofall fees and taxes levied by the state of Illinois.Management evaluates the associations exposure for uncertain tax positions ateach reporting period. As of December 31, 2024, management believes theassociation has no material uncertain tax positions, and therefore, no suchliabilities have been recorded. The association would account for any potentialinterest or penalties related to possible future liabilities for unrecognizedincome tax benefits as income tax expense. X X X X X false false false JANIS D POTTER Executive Director 296838 64260 76775 26464 37522 501859 LILLIAN CILANO Controller 182083 9000 25492 12995 19788 249358 Part VI Line 11b Review completed by Audit Committee and full Board of Directors Part VI Line 19 Documents available upon request Part VI, Section A, Line 6 All insurance companies licensed to write health, life, annuity Part VI, Section A, Line 6 and other related contracts are required to be member insurers. Part VI, Section A, Line 7a Member insurers elect not less than 7 nor more than 11 member Part VI, Section A, Line 7a insurers to be represented on the Board of Directors. Director of Part VI, Section A, Line 7a Insurance may appoint two public representatives. Part VI, Section A, Line 7b Plan of Operation approved by Director of Insurance in 2018. Part VI, Section B, Line 11b Form 990 prepared by ILHIGA's Controller, reviewed by Audit Committee Part VI, Section B, Line 11b and then approved by the Full Board at Annual Meeting. Form 990 Part VI, Section B, Line 11b signed by Executive Director. Part VI, Section B, Line 12c Executive Director responsible for ensuring that Conflict of Part VI, Section B, Line 12c Interest and Business Ethics policy is delivered to all Part VI, Section B, Line 12c ILHIGA related personnel, including directors, staff, independent Part VI, Section B, Line 12c contractors, legal, and other consultants. Part VI, Section B, Line 15a Compensation of Executive Director reviewed and approved by Part VI, Section B, Line 15a Executive Committee of Board of Directors. Part VI, Line 15b NA more appropriate answer as no other officers/employees. Part VI, Section C, Line 19 All persons are entitled to access the public records. Part XII, Line 2c External auditors perform annual audit. Audit Committee reviews Part XII, Line 2c and approves and makes recommendation to Full Board for final Part XII, Line 2c adoption. The Executive Director files the audited financial Part XII, Line 2c report with the Illinois Director of Insurance by the compliance Part XII, Line 2c due date.