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.
Executive compensation, broken down
Form 990 · Schedule J · 2 reported individuals · Filing year 2024
- Base
- $297k
- Bonus
- $64k
- Other
- $77k
- Benefits
- $38k
- Base
- $182k
- Bonus
- $9k
- Other
- $25k
- Benefits
- $20k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director | $297k | $64k | $77k | $38k | $502k $537k |
Controller highest compensated employee | $182k | $9k | $25k | $20k | $249k $267k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 13 unpaid individuals.
Down 3%
from 2023
From $517k in 2023 to $502k in 2024.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
Illinois Life & Health Insurance Guaranty Association reported revenue and expenses across 2 filing years.
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