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SPRINGFIELD – Unclaimed life insurance benefits may soon be awarded to the families and relatives of the deceased parties under a new measure co-sponsored by State Senator John Mulroe (D-Chicago). Life insurance companies have come under fire with accusations that they have not been diligent enough in awarding benefits to the families and relatives of deceased policyholders. “These awards and annuities don’t bring back individuals’ loved ones,” Mulroe said, “but they can most certainly aid in covering unexpected end-of-life costs. These families at least deserve that.” A national survey of life insurance companies has shown that $4.4 billion had not gone to beneficiaries. Because of individuals not understanding how to claim awards or simply not knowing the policies exist, life insurance companies have been able to hold onto the money until the policyholder reaches a limiting age, usually 100 years old. The measure was signed by the governor today.
SPRINGFIELD –The mentally and physically disabled individuals who receive care from Misericordia Home are unique as many receive services from the time they are born to their final breath. Thanks to Senator John Mulroe (D-Chicago) the facility’s licensing will be as unique and streamlined as the service it provides.
“Misericordia is unique in that it provides exceptional care for its vulnerable residents over lifetimes,” Mulroe said. “It makes sense to me that the state should recognize facilities like it under a new, streamlined licensure process to ensure the patients continue receiving the best care they can without experiencing any delays.”
Currently, facilities like Misericordia are required by the state to hold multiple licenses for the various services it offers. It can get especially tricky when trying to transfer a patient from one part of the facility to another: An individual may show up on a transfer, but the paperwork placing them there has been held up, causing a delay of care.
The measure would create a continuum of care license for large-scale facilities like Misericorida, removing the necessity for multiple licenses. The facility currently works under five differently issued licenses.
The proposal passed both houses and today was signed by the governor.
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Springfield Office:Senator 10th District127 Capitol BuildingSpringfield, IL 62706(217) 782-1035(217) 782-2331 FAX District Office:5940 North Milwaukee AvenueChicago, IL 60646(773) 763-3810(773) 763-3881 FAX