Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Standardizing State Health Insurance Regulation (CRS Report for Congress)

Premium   Purchase PDF for $24.95 (6 pages)
add to cart or subscribe for unlimited access
Release Date Revised March 28, 2008
Report Number RS22476
Report Type Report
Authors Jean Hearne and Bernadette Fernandez, Domestic Social Policy Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   March 17, 2008 (6 pages, $24.95) add
Summary:

H.R. 4460, the Health Care Choice Act, is intended to "harmonize" the state insurance laws that multi-state insurance carriers and other providers of individual health coverage would be subject to. By harmonizing insurance laws across state lines, the bill's supporters anticipate an increase in the number of health plan choices and a reduction of the cost of plans. Opponents raise concerns that the consequences of reducing states' regulatory authority over insurance products in each state could include a loss of important patient protections and complicate the enforcement of rules designed to protect consumer interests. This report will be updated periodically.