Urging Congress to give state insurance regulators authority over Medicare Advantage plans.
Impact
If HCR5013 is enacted, it could lead to significant changes in how Medicare Advantage plans are regulated within Kansas and potentially influence similar legislative changes in other states. The resolution aims to enhance state authorities in overseeing marketing and consumer disclosures related to Medicare Advantage. This could result in stronger protections for vulnerable populations, notably seniors, against misleading promotional tactics used by private insurers. Consequently, this might foster a more transparent health insurance marketplace.
Summary
HCR5013 is a Concurrent Resolution introduced in the Kansas Legislature that urges Congress to grant state insurance regulators authority over Medicare Advantage plans. The resolution argues that the current federal framework limits the ability of states to regulate these plans effectively, leaving consumers vulnerable to aggressive and potentially deceptive marketing practices that have been reported across the country. The resolution emphasizes that a lack of state oversight has resulted in various complaints regarding the misrepresentation of information related to provider networks and the actual benefits of Medicare Advantage plans.
Contention
The resolution is rooted in ongoing concerns about consumer protection within the Medicare Advantage sector. It raises points of contention surrounding the adequacy of federal oversight by the Centers for Medicare and Medicaid Services, which, according to the resolution, has failed to address misleading marketing practices effectively. Proponents of HCR5013 advocate for state-based regulation, arguing that it would better serve the interests of Kansas residents. However, critics may contend that shifting regulatory power to states could create inconsistencies and a patchwork of regulations, potentially complicating the national standards that currently exist.
Enacting the Kansas protection of pensions and businesses against ideological interference act, relating to ideological boycotts involving environmental, social or governance standards, requiring KPERS to divest from and prohibiting state contracts or the deposit of state moneys with entities engaged in such boycotts as determined by the state treasurer and prohibiting discriminatory practices in the financial services industry based on such boycotts.
Enacting the Kansas protection of pensions and businesses against ideological interference act, relating to ideological boycotts involving environmental, social or governance standards, requiring KPERS to divest from and prohibiting state contracts or the deposit of state moneys with entities engaged in such boycotts as determined by the state treasurer and prohibiting discriminatory practices in the financial services industry based on such boycotts.
Creating the regulatory relief division within the office of the attorney general and establishing the general regulatory sandbox program to waive or suspend state statutes and rules and regulations for program participants.
Making application to the United States congress to call a convention of the states for the purpose of proposing amendments to limit the federal government.
Applying to the Congress of the United States to call for a convention of the states for the limited purpose of amending the constitution of the United States to impose fiscal restraints on the federal government.