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S. 2303

Access to Independent Health Insurance Advisors Act of 2018

Access to Independent Health Insurance Advisors Act of 2018

This bill 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.

The bill 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, or bind policies of insurance coverage or offer advice, counsel, opinions, or services related to insurance.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sen. Isakson, Johnny [R-GA](R-GA)Sponsor
3 cosponsors2 D1 I
3cosponsors1committees2actions1related bills4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

Access to Independent Health Insurance Advisors Act of 2018 — Informed