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- Insurance Regulatory Insights
Telos Actuarial brings you this week’s legislative and regulatory insurance insights from around the nation.
Bill “Status” is defined in the tables below by:
New: proposed law recently introduced for consideration by Legislature
Approved: passed by the Legislature and approved by the Governor
Movement: bill has progressed in legislative process
Fail: bill has died in committee or failed to pass
Medicare
State | Bill/Notice Number | Status | Summary |
|---|---|---|---|
CMS | New | CMS released the "Medicare and You" handbook for 2025 |
Excepted Benefits
State | Bill/Notice Number | Status | Summary |
|---|---|---|---|
MI | New | Supersedes Bulletin 2018-20-INS and provides guidance on new federal requirements for STLDI and fixed indemnity excepted benefits coverage. Insurers offering STLDI or fixed indemnity plans are expected to make all necessary changes to comply with the amended federal rules. State law requirements unrelated to the durational limitation for STLDI continue to apply. All rates and forms must be submitted via SERFF for review and approval. |
All Products
State | Bill/Notice Number | Status | Summary |
|---|---|---|---|
MO | New | Beginning August 28, 2024, a regulated entity will have not less than 30 calendar days to submit any record or material requested by the Department. These requests for records or materials from the Department could include, but may not be limited to, requests made during Market Conduct investigations or examinations; requests made during financial examinations; data calls issued on a routine or ad-hoc basis; and requests made during the Department’s review of filings for rates, rules, forms, and advertisements. | |
LA | New | Issuance of Emergency Rule 49, addressing the statewide public health emergency declared in the state of Louisiana which will remain in effect until November 11, 2024, unless terminated earlier by the commissioner of insurance. Emergency Rule 49 suspends certain statutes |
Telos Actuarial’s team of experienced regulatory compliance professionals are ready to help YOU stay informed of legislative and regulatory changes. Reach out to us for more information!