A bill to amend title 38, United States Code, to require the Secretary of Veterans Affairs to periodically review the automatic maximum coverage under the Servicemembers' Group Life Insurance program and the Veterans' Group Life Insurance program, and for other purposes.

2/12/2025, 11:56 AM

Summary of Bill S 385

Bill 119 s 385, also known as the "Servicemembers' Group Life Insurance and Veterans' Group Life Insurance Review Act," aims to amend title 38 of the United States Code. The bill requires the Secretary of Veterans Affairs to periodically review the automatic maximum coverage provided under the Servicemembers' Group Life Insurance program and the Veterans' Group Life Insurance program.

The purpose of this review is to ensure that the coverage amounts offered by these programs are sufficient and up-to-date to meet the needs of servicemembers and veterans. The bill also includes provisions for other purposes related to these insurance programs.

Overall, Bill 119 s 385 seeks to improve the effectiveness and adequacy of the Servicemembers' Group Life Insurance and Veterans' Group Life Insurance programs by requiring regular reviews of the coverage amounts provided. This legislation aims to better serve those who have served our country in the military by ensuring they have access to appropriate levels of life insurance coverage.

Congressional Summary of S 385

Fairness for Servicemembers and their Families Act of 2025

This bill requires the Department of Veterans Affairs (VA) to periodically review and report on the maximum coverage available under the Servicemembers' Group Life Insurance and Veterans' Group Life Insurance programs. Specifically, the VA must review such coverage amount every five years, taking into account the average percentage by which the Consumer Price Index for All Urban Consumers (CPI-U) increased in the five fiscal years preceding the review.

Current Status of Bill S 385

Bill S 385 is currently in the status of Bill Introduced since February 4, 2025. Bill S 385 was introduced during Congress 119 and was introduced to the Senate on February 4, 2025. Bill S 385's most recent activity was Read twice and referred to the Committee on Veterans' Affairs. as of February 4, 2025

Bipartisan Support of Bill S 385

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Policy Area and Potential Impact of Bill S 385

Primary Policy Focus

Alternate Title(s) of Bill S 385

A bill to amend title 38, United States Code, to require the Secretary of Veterans Affairs to periodically review the automatic maximum coverage under the Servicemembers' Group Life Insurance program and the Veterans' Group Life Insurance program, and for other purposes.