Insurance Industry And Regulation
US Congress 114th Congress
Obamacare Tax Transparency Act [S.2432]
[Healthcare ]
[Insurance ]
[Taxes ]
Obamacare Tax Transparency Act This bill amends the Public Health Service Act to require health insurers to disclose to individuals and employers who pay health insurance premiums the portion of premiums attributable to the annual fee imposed on health insurers.
Sponsored by: Sen. Tim Scott
Read Twice And Referred To The Committee On Health, Education, Labor, And Pensions. on 12/18/2015
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Flood Insurance Transparency and Accountability Act of 2015 [S.2324]
[Insurance ]
[Disaster Relief ]
[Housing ]
[Public Safety ]
[Funding ]
[Grants ]
[Consumer Protection ]
Flood Insurance Transparency and Accountability Act of 2015 This bill amends the National Flood Insurance Act of 1968 (NFIA) to direct the Federal Emergency Management Agency (FEMA) to declare that the final engineering report of an on-site property inspection conducted by an engineer to assess claims for losses covered by a flood insurance policy: may not be transmitted to any other person, employer, agency, or entity before it is transmitted to the insured; may not include alterations by anyone other than the person responsible for the report;
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Sponsored by: Sen. Kirsten Gillibrand
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 11/19/2015
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Security and Financial Empowerment Act of 2015 [S.2208]
[Labor, Jobs, Employment ]
[Human Services ]
[Insurance ]
[Unemployment ]
[Social Security ]
[Family-Related Legislation ]
[Human Rights ]
[Poverty ]
[Public Health ]
Security and Financial Empowerment Act of 2015 This bill amends the Violence Against Women Act to require the National Resource Center on Workplace Response provide information and assistance through domestic violence or sexual assault coalitions and survivor service organizations. These organizations and coalitions shall provide resource materials and assistance to employees, employers, and labor organizations to aid in efforts to develop adequate workplace responses to domestic and sexual violence. In addition, the bill requires employers to provide
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Sponsored by: Sen. Robert Casey
Read Twice And Referred To The Committee On Health, Education, Labor, And Pensions. on 10/27/2015
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An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016 [S.2132]
[Finance ]
[Telecommunications ]
[Consumer Protection ]
[Public Lands and National Parks ]
[Healthcare ]
[Labor, Jobs, Employment ]
[Medicare and Medicaid ]
[Budget and Spending ]
[Education ]
[Social Security ]
[Children and Youth ]
[Environmental ]
[Public Health ]
[Mental Health ]
[Funding ]
[Grants ]
[Law Enforcement ]
[Energy ]
[Insurance ]
An Act Making Appropriations to Stop Regulatory Excess and for Other Purposes, 2016 Provides FY2016 appropriations for financial services and general government; the Department of the Interior and the Environmental Protection Agency; the Departments of Labor, Health and Human Services, and Education; and several related agencies. Financial Services and General Government Appropriations Act, 2016 Department of the Treasury Appropriations Act, 2016 Provides appropriations to the Department of the Treasury, including the Internal Revenue Service. Executive
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Sponsored by: Sen. Lisa Murkowski
Read The Second Time. Placed On Senate Legislative Calendar Under General Orders. Calendar No. 251. on 10/06/2015
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Financial Services and General Government Appropriations Act, 2016 [S.1910]
[Finance ]
[Taxes ]
[Budget and Spending ]
[Small Business ]
[Insurance ]
[Consumer Protection ]
[Data Privacy ]
[Economic Development ]
Financial Services and General Government Appropriations Act, 2016 Provides FY2016 appropriations for financial services and general government, including programs in the Department of the Treasury, the Executive Office of the President, the federal judiciary, the District of Columbia, and several independent agencies. Department of the Treasury Appropriations Act, 2016 TITLE I--DEPARTMENT OF THE TREASURY Provides appropriations to the Department of the Treasury for Departmental Offices, including: Salaries and Expenses, Department-Wide Systems
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Sponsored by: Sen. John Boozman
Committee On Appropriations. Original Measure Reported To Senate By Senator Boozman. With Written Report No. 114-97. on 07/30/2015
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Jobs and Premium Protection Act [S.183]
[Healthcare ]
[Insurance ]
[Labor, Jobs, Employment ]
Jobs and Premium Protection Act This bill repeals a provision of the Patient Protection and Affordable Care Act that imposes an annual fee on a health insurance provider based on its net premium income.
Sponsored by: Sen. Susan Collins
Read Twice And Referred To The Committee On Finance. on 01/16/2015
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21st Century Glass-Steagall Act of 2015 [S.1709]
[Finance ]
[Investments ]
[Consumer Protection ]
21st Century Glass-Steagall Act of 2015 Amends the Federal Deposit Insurance Act to prohibit an insured depository institution from: (1) being or becoming an affiliate of any insurance company, securities entity, or swaps entity; (2) being in common ownership or control with any insurance company, securities entity, or swaps entity; or (3) engaging in any activity that would cause the insured depository institution to qualify as an insurance company, securities entity, or swaps entity. Prohibits any individual who is an officer, director, partner,
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Sponsored by: Sen. John McCain
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. (sponsor Introductory Remarks On Measure: Cr S4689) on 07/07/2015
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Offshore Reinsurance Tax Fairness Act [S.1687]
[Finance ]
[Taxes ]
[Insurance ]
Offshore Reinsurance Tax Fairness Act Amends the Internal Revenue Code to define "qualifying insurance corporation," for purposes of the insurance business exception to passive foreign investment company rules, as a foreign corporation: (1) that would be subject to U.S. taxation if it were a domestic corporation, and (2) the applicable insurance liabilities of which constitute more than 25% of its total assets. Allows an alternative facts and circumstances test for insurance corporations whose applicable insurance liabilities are not at least 25%
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Sponsored by: Sen. Ron Wyden
Read Twice And Referred To The Committee On Finance. (sponsor Introductory Remarks On Measure: Cr S4650; Text Of Measure As Introduced: Cr S4650-4652) on 06/25/2015
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Access to Independent Health Insurance Advisors Act of 2015 [S.1661]
[Healthcare ]
[Insurance ]
Access to Independent Health Insurance Advisors Act of 2015 Amends the Public Health Service Act to exclude remuneration paid for licensed independent insurance producers from administrative costs for purposes of calculating the medical-loss ratio of a health insurance plan. Defines "independent insurance producer" to mean an insurance agent or broker, insurance consultant, benefit specialist, limited insurance representative, and any other person required to be licensed under state law to sell, solicit, negotiate, service, effect, procure, renew,
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Sponsored by: Sen. Joe Donnelly
Read Twice And Referred To The Committee On Health, Education, Labor, And Pensions. on 06/24/2015
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Equalizing the Playing Field for Agents and Brokers Act [S.1653]
[Healthcare ]
[Insurance ]
[Consumer Protection ]
Equalizing the Playing Field for Agents and Brokers Act Directs the Department of Health and Human Services (HHS) to establish a toll-free customer service support help line to enable certified health insurance agents and brokers to seek assistance regarding qualified health plans offered in the federal health insurance marketplace. Amends the Patient Protection and Affordable Care Act to require HHS to: make available on the federal government website for health insurance coverage a list of all certified agents and brokers; contract with the National
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Sponsored by: Sen. Bill Cassidy
Read Twice And Referred To The Committee On Health, Education, Labor, And Pensions. on 06/23/2015
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Captive Insurers Clarification Act [S.1561]
[Insurance ]
[Taxes ]
[Small Business ]
Captive Insurers Clarification Act Amends the Nonadmitted and Reinsurance Reform Act of 2010 to define "captive insurance company" as an insurance company wholly owned directly or indirectly: (1) by a single parent company and whose primary purpose is to insure the risks of that single parent company or its affiliates; (2) by a group of companies and whose primary purpose is to insure the risks of that group or its affiliates; and (3) by an industry, trade, or service group or association, and whose primary purpose is to insure the risks of any
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Sponsored by: Sen. Patrick Leahy
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 06/11/2015
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Financial Regulatory Improvement Act of 2015 [S.1484]
[Finance ]
[Consumer Protection ]
[Small Business ]
[Insurance ]
[Investments ]
[Housing ]
[Real Estate ]
[Budget and Spending ]
Financial Regulatory Improvement Act of 2015 TITLE I--REGULATORY RELIEF AND PROTECTION OF CONSUMER ACCESS TO CREDIT (Sec. 101) This bill amends the Gramm-Leach-Bliley Act to exempt from the requirement to provide consumers with an annual written disclosure of their privacy policy certain financial institutions that provide nonpublic personal information to a nonaffiliated third party to perform services for or functions on behalf of the financial institution. (Sec. 102) The Federal Home Loan Bank Act is amended to set requirements for a credit union
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Sponsored by: Sen. Richard Shelby
Committee On Banking, Housing, And Urban Affairs. Hearings Held. on 07/23/2015
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International Insurance Capital Standards Accountability Act of 2015 [S.1086]
[Insurance ]
[International ]
[Finance ]
[Consumer Protection ]
International Insurance Capital Standards Accountability Act of 2015 This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers).
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Sponsored by: Sen. Rob Portman
Committee On Banking, Housing, And Urban Affairs. Hearings Held. on 04/28/2015
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Terminating the Expansion of Too-Big-To-Fail Act of 2015 [S.107]
[Finance ]
[Budget and Spending ]
[Consumer Protection ]
Terminating the Expansion of Too-Big-To-Fail Act of 2015 Amends the Financial Stability Act of 2010, title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), the Federal Deposit Insurance Act, and the Federal Reserve Act to eliminate all supervision by the Board of Governors of the Federal Reserve System (Board) of domestic and foreign nonbank financial companies, including new or heightened standards and safeguards and minimum leverage capital requirements. Eliminates the duty of the Financial Stability Oversight Council
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Sponsored by: Sen. David Vitter
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 01/07/2015
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Granting the consent of Congress to the Health Care Compact. [HJR-50]
[Healthcare ]
[Medicare and Medicaid ]
[Public Health ]
[Funding ]
Granting the consent of Congress to the Health Care Compact. Grants congressional consent to the Health Care Compact. Exempts the National Institutes of Health, the Centers for Disease Control and Prevention, and the Food and Drug Administration from the Health Care Compact. (In a member state, the Health Care Compact gives primary responsibility for regulation of health care to the state. Federal and state laws remain in effect in a member state until suspended by the state. A member state is responsible for federal funding obligations that remain
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Sponsored by: Rep. Dave Brat
Introduced In House on 05/12/2015
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Health Insurance Industry Antitrust Enforcement Act of 2015 [HB-99]
[Healthcare ]
[Insurance ]
[Consumer Protection ]
[Law Enforcement ]
[Public Health ]
Health Insurance Industry Antitrust Enforcement Act of 2015 Prohibits the McCarran-Ferguson Act from being construed to permit health insurance or medical malpractice insurance issuers to engage in price fixing, bid rigging, or market allocations in connection with providing health insurance or medical malpractice coverage. Amends the McCarran-Ferguson Act to provide that nothing in it modifies, impairs, or supersedes the operation of antitrust laws with respect to the business of health insurance. Applies prohibitions of unfair methods of competition
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Sponsored by: Rep. John Conyers
Referred To The Subcommittee On Regulatory Reform, Commercial And Antitrust Law. on 02/02/2015
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Permanent Active Financing Exception Act of 2015 [HB-961]
[Finance ]
[Taxes ]
[Insurance ]
Permanent Active Financing Exception Act of 2015 (Sec. 2) This bill amends the Internal Revenue Code to make permanent the subpart F foreign personal holding company income exemption for income that is derived in the active conduct of a banking, financing, or similar business, as a securities dealer, or in the conduct of an insurance business.
Sponsored by: Rep. Bill Pascrell
Reported (amended) By The Committee On Ways And Means. H. Rept. 114-307. on 10/23/2015
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To repeal the annual fee on health insurance providers enacted by the Patient Protection and Affordable Care Act. [HB-928]
[Healthcare ]
[Insurance ]
[Medicare and Medicaid ]
To repeal the annual fee on health insurance providers enacted by the Patient Protection and Affordable Care Act. This bill repeals a provision of the Patient Protection and Affordable Care Act that imposes an annual fee on a health insurance provider based on its net premium income.
Sponsored by: Rep. Steve Russell
Referred To The Subcommittee On Health. on 02/27/2015
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Access to Professional Health Insurance Advisors Act of 2015 [HB-815]
[Healthcare ]
[Insurance ]
Access to Professional Health Insurance Advisors Act of 2015 Amends the Public Health Service Act to exclude remuneration paid for licensed independent insurance producers from administrative costs for purposes of calculating the medical-loss ratio of a health insurance plan. Defines "independent insurance producer" to mean an insurance agent or broker, insurance consultant, benefit specialist, limited insurance representative, and any other person required to be licensed under state law to sell, solicit, negotiate, service, effect, procure, renew,
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Sponsored by: Rep. Steve Scalise
Referred To The Subcommittee On Health. on 02/13/2015
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Taxpayer Bailout Protection Act [HB-724]
[Healthcare ]
[Budget and Spending ]
[Medicare and Medicaid ]
[Insurance ]
Taxpayer Bailout Protection Act This bill amends the Patient Protection and Affordable Care Act to require the Department of Health and Human Services (HHS) to ensure that payments to plans do not exceed payments to HHS under the risk corridors program (under which a qualified health plan is required to participate in a payment adjustment system based on the ratio of the allowable costs of the plan to the plan's aggregate premiums) for a plan year. HHS must proportionately decrease payments to plans in order to ensure that this requirement is satisfied
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Sponsored by: Sen. Marsha Blackburn
Referred To The Subcommittee On Health. on 02/06/2015