S.650 - Access to Independent Health Insurance Advisors Act of 2013

A bill to amend title XXVII of the Public Health Service Act to preserve consumer and employer access to licensed independent insurance producers. view all titles (2)

All Bill Titles

  • Official: A bill to amend title XXVII of the Public Health Service Act to preserve consumer and employer access to licensed independent insurance producers. as introduced.
  • Short: Access to Independent Health Insurance Advisors Act of 2013 as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
03/21/13
 
 
 
 
 
 
 

Sponsor

L000550

Senator

Mary Landrieu

D-LA

View Co-Sponsors (12)

Official Summary

Access to Independent Health Insurance Advisors Act of 2013 - Amends the Public Health Service Act to exclude remuneration paid for licensed independent insurance producers from administrative cost calculations for purposes of calculating the medical-loss ratio of a health insurance plan.

Official Summary

Access to Independent Health Insurance Advisors Act of 2013 - Amends the Public Health Service Act to exclude remuneration paid for licensed independent insurance producers from administrative cost calculations 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 the laws of the particular state to sell, solicit, negotiate, service, effect, procure, renew, or bind policies of insurance coverage or offer advice, counsel, opinions, or services related to insurance.

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