Tag: Insurance Legislation

Senate Faces Deadlock Over ACA Tax Credits with Competing Health Care Plans

Senate to vote on competing health care bills addressing expiring Affordable Care Act tax credits with both plans predicted to fail. ACA premium impacts loom.

Illinois Behavioral Health Insurance Bill Sets Clearer Therapist Reimbursement Standards

Illinois passes a behavioral health insurance bill setting clearer payment standards to improve therapist reimbursement and access under state-regulated plans starting 2027.

Federal Court Blocks Medicare Advantage Audits, Raising Oversight Concerns

A federal court ruling invalidates a key HHS rule on Medicare Advantage audits, complicating efforts to curb overpayments and fraud in the program. Congressional reforms are urged to strengthen oversight and payment integrity.

Wisconsin Proposes LTC Insurance Guaranty Account to Protect Policyholders

Wisconsin Assembly Bill 699 proposes a specialized LTC insurance guaranty account funded by life and disability insurers to safeguard policyholders, with tax credits to ease insurer costs.

Florida Lawmakers Propose Multi-State Risk Pool to Address Home Insurance Crisis

Florida lawmakers introduce bills for a multi-state risk pool to stabilize home insurance rates and improve catastrophe risk management amid rising natural disaster losses.

Massachusetts Moves to Shift Car Rental Insurance Liability to Renters

Massachusetts legislators approve bills to shift primary rental car insurance liability to renters' personal auto policies, aiming to reduce rental costs by removing insurance cost burdens from rental companies.

APCIA Supports Federal Bills Targeting Legal System Abuse to Reduce Insurance Costs

APCIA endorses federal bills addressing legal system abuses and third-party litigation funding to curb rising insurance costs and promote market innovation.

Illinois Proposes Legislation to Ban Cost Shifting in Insurance Rates

Illinois Senator Michael E. Hastings proposes legislation to prohibit insurance cost shifting and ensure premiums reflect local risks, enhancing fairness and transparency in insurance rates.

Colorado Allocates $100M to Counteract ACA Tax Credit Expiry Impact

Colorado enacts $100 million state funding to limit premium hikes after ACA enhanced tax credits expire, emphasizing reinsurance and federal subsidy roles.

Colorado Adjusts 2026 Individual Market Rates Amid New State Funding and Federal Subsidy Uncertainty

Colorado mandates insurers to revise 2026 individual market rates factoring in new state funding amid federal subsidy expiration risks, moderating premium hikes.