Senate Panel Eyes Up to $200K Fines, Prison Time for Health Plan Enrollment Fraud
Stalled
No legislative action in over 90 days.
How this policy affects specific groups of people
Committee on Homeland Security and Governmental Affairs Senate Permanent Subcommittee on Investigations. Hearings held.
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes have been recorded for this legislation yet.
Proposed by Sen. Ron Wyden and Reps. Deborah Ross and Kathy Castor, the Insurance Fraud Accountability Act creates criminal penalties for brokers who change ACA plans without consent. It establishes civil fines up to $200,000 and potential prison time for knowingly submitting false information.
Rep. Kathy Castor reintroduced the Insurance Fraud Accountability Act to address 'system-gaming' by brokers in Florida and nationwide. The bill mandates a consent verification process and requires brokers to act in the best interest of the customer to prevent unauthorized enrollment changes.
Senate Finance Committee Chair Ron Wyden led a group of senators in introducing the Insurance Fraud Accountability Act. The bill targets 'predatory' brokers who enroll individuals in plans without permission to collect commissions, proposing strict new financial and criminal consequences.
Document Type
Congressional Bill
Official Title
Insurance Fraud Accountability Act
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