Illinois state or Federal law with keeping New Health Insurance Plan?

Hello, fellow Redditors!

I’m currently exploring health insurance options and am considering enrolling in a plan directly from a private provider (such as Aetna), bypassing the Health Care Exchange. However, I have some concerns regarding policy continuity under Illinois state or Federal law.

My question is: If I opt for a new plan directly from an insurer and, for instance, Aetna decides not to offer that same plan the following year, what protections do I have? I am aware that there were certain regulations in place for policies that existed pre-Affordable Care Act, but how does this apply to new policies?

Specifically, I'm looking to understand if Illinois has any laws that would prevent the insurer from altering or or not offering my policy after the contract year is up, assuming I prefer to keep the same policy. Additionally, are there any federal laws that could potentially safeguard my policy from being changed or not available to me against my wishes?

Any insights, experiences, or pointers to relevant legal frameworks would be greatly appreciated. Thank you in advance for your time and assistance!

submitted by /u/flyvine
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