Tag: Insurance Legislation

Georgia Launches Catastrophe Savings Accounts to Offset Rising Disaster Costs

Georgia introduces catastrophe savings accounts to help homeowners manage rising disaster expenses with tax advantages and insurance deductible support.

House GOP Proposes ACA Subsidy Extension and Health Insurance Reforms

House Republican leaders propose a healthcare bill to extend ACA subsidies, reduce premiums for low-income individuals, and increase prescription drug price transparency amid rising insurance costs.

Oklahoma Proposes Legislation to Address Rising Homeowners Insurance Rates

Oklahoma introduces HB 2933 to curb rising homeowners insurance rates via claims reforms, roofing rules, and limiting attorney fees in lawsuits.

Senate Faces Deadlock Over ACA Subsidy Extensions Amid Rising Premium Concerns

The US Senate faces a deadlock on extending Affordable Care Act premium subsidies for 21.8 million enrollees, with competing Democratic and Republican plans sparking debate over healthcare affordability and rising premiums.

Oklahoma Proposes Legislation to Enhance Homeowners Insurance Protections

Oklahoma Insurance Department introduces legislative proposals targeting consumer protections and market transparency to address rising homeowners insurance premiums.

Senator Rick Scott Proposes More Affordable Care Act to Reform ACA Market

Senator Rick Scott introduces the More Affordable Care Act to reform the ACA with increased transparency, subsidy reform, and cross-state insurance shopping to lower costs and empower consumers.

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.