Access to Professional Health Insurance Advisors Act of 2011

3/14/2024, 12:36 PM

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Access to Professional Health Insurance Advisors Act of 2011 - 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.

Requires the Secretary of Health and Human Services (HHS), when a state requests an adjustment of a medical-loss ratio, to defer to the state's findings and determinations as to whether enforcing the required medical-loss ratio may destabilize the individual or small group markets for health insurance.

Congress
112

Number
HR - 1206

Introduced on
2011-03-17

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

11/15/2012

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Access to Professional Health Insurance Advisors Act of 2011 - 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.

Requires the Secretary of Health and Human Services (HHS), when a state requests an adjustment of a medical-loss ratio, to defer to the state's findings and determinations as to whether enforcing the required medical-loss ratio may destabilize the individual or small group markets for health insurance.

Alternative Names
Official Title as IntroducedTo amend title XXVII of the Public Health Service Act to preserve consumer and employer access to licensed independent insurance producers.

Policy Areas
Health

Potential Impact
Consumer affairs•
Employee benefits and pensions•
Health care costs and insurance•
Insurance industry and regulation

Comments

Related

Recent Activity

Latest Summary12/1/2012

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Access to Professional Health Insurance Advisors Act of 2011 - Amends the Public Health Service Act to exclude remuneration p...


Latest Action11/15/2012
Placed on the Union Calendar, Calendar No. 507.