Insurance News
Regulatory updates in plain English
Stay current with the latest from CMS, state departments of insurance, NAIC, the Federal Register, and Congress — rewritten so you can actually understand what it means for your practice.
Fiscal Year 2027 Hospice Wage Index and Payment Rate Update and Hospice Quality Reporting Program Requirements Final Rule (CMS-1851-F)
On July 30, 2026, the Centers for Medicare & Medicaid Services (CMS) announced new rules for hospice care payments for fiscal year 2027. Medicare hospice payments will increase by 2.3%, which is about $755 million more than the previous year. The new cap for total payments to hospices is set at $36,...
Fiscal Year (FY) 2027 Hospice Wage Index and Payment Rate Update and Hospice Quality Reporting Program Requirements Proposed Rule (CMS-1851-P)
The Centers for Medicare & Medicaid Services (CMS) has proposed new rules for hospice care payments and reporting for fiscal year 2027. These changes will affect hospice providers by increasing payment rates by 2.4%, which amounts to about $785 million more than the previous year. However, hospices ...
Beneficial Ownership Information Reporting Requirement Revision
FinCEN has finalized a rule that changes the reporting requirements for beneficial ownership information (BOI) under the Corporate Transparency Act. This means that companies do not need to report the ownership details of U.S. persons, and U.S. persons do not have to provide their ownership informat...
Geographic Targeting Order Imposing Recordkeeping and Reporting Requirements on Certain Financial Institutions in Minnesota
FinCEN has introduced a new rule that affects banks and money transfer companies in Hennepin and Ramsey Counties in Minnesota. These institutions must keep and report records of any transactions involving payments of $3,000 or more. Agents should ensure their clients in these areas are aware of thes...
Medicare Program; Inpatient Rehabilitation Facility Prospective Payment System for Federal Fiscal Year 2027 and Updates to the IRF Quality Reporting Program
The Medicare program has updated payment rates for inpatient rehabilitation facilities (IRFs) for the fiscal year 2027. This affects IRFs as it includes new payment classifications and factors that determine how much they will be paid for services. Additionally, the phaseout of extra payments for ru...
Medicare Program; Prospective Payment System and Consolidated Billing for Skilled Nursing Facilities; Updates to the Quality Reporting Program for Federal Fiscal Year 2027
The Medicare program has made changes to how Skilled Nursing Facilities (SNFs) are paid starting in fiscal year 2027. This includes updates to the payment rates and new requirements for quality reporting and value-based purchasing for these facilities. Insurance agents should familiarize themselves ...
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 13f-2-Short Position and Short Activity Reporting by Institutional Investment Managers
The regulatory announcement discusses changes to the reporting requirements for institutional investment managers, which include insurance companies and banks. These changes aim to improve transparency about short selling activities in the market. Agents should be aware of these updates and ensure c...
Reporting Forms and Instructions Associated With Requirements and Standards for FDIC-Supervised Permitted Payment Stablecoin Issuers
The FDIC is asking for feedback on new reporting forms and instructions for companies that issue permitted payment stablecoins. These forms are part of a proposed rule that requires these companies to report information weekly and quarterly. This is necessary to comply with federal regulations that ...
Information Reporting and Transfer for Valuable Consideration Rules for Section 1035 Exchanges of Life Insurance and Certain Other Life Insurance Contract Transactions
New rules have been established regarding the reporting and transfer of life insurance contracts when they are exchanged for valuable consideration. These rules specifically impact transactions where life insurance contracts are sold or exchanged in a way that avoids recognizing any gain or loss. Th...
Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Request for Comment; Crash Reporting Sampling System (CRSS), Non-Traffic Surveillance (NTS), and Special Study Data Collection
The National Highway Traffic Safety Administration (NHTSA) is seeking approval from the Office of Management and Budget (OMB) to continue collecting data on traffic crashes and non-traffic incidents. This request includes updates to their existing data collection methods. Insurance agents should be ...
Medicare Program: Hospital Outpatient Prospective Payment and Ambulatory Surgical Center Payment Systems; and Quality Reporting Programs; Including the Hospital Outpatient Quality Reporting Program and Ambulatory Surgical Center Quality Program; Request for Information on Strengthening the Standardization and Comparability of Hospital Price Transparency (HPT) Data; Prior Authorization; Accrediting Organization (AO) Deeming for Emergency Medical Treatment and Labor Act (EMTALA); and Notices of Cl
The Medicare program is proposing changes to how hospitals and outpatient surgical centers are paid starting in 2027. This affects healthcare providers who use the Hospital Outpatient Prospective Payment System (OPPS) and the Ambulatory Surgical Center (ASC) payment system. The new rules will update...
Calendar Year 2027 Home Health Prospective Payment System (HH PPS) Rate Update; Requirements for the HH Quality Reporting Program and the Expanded HH Value-Based Purchasing Model; Medicare Provider Enrollment, Durable Medical Equipment (DME), and DME, Prosthetics, Orthotics, and Supplies (DMEPOS) Policies
The proposed rule updates Medicare payment rates for home health services starting in 2027. It affects home health agencies and providers by adjusting payment rates based on patient needs and service usage. The rule also aims to improve quality reporting and payment models for home health services. ...
Marine Casualty Reporting on the Outer Continental Shelf
The new rule changes how marine accidents are reported for activities on the Outer Continental Shelf (OCS). Instead of focusing on where the accident happened, the reporting will now consider the type of entity involved. Additionally, the amount of property damage that triggers a reporting requireme...
Agency Information Collection Activities: Information Collection Extension; Comment Request; Regulatory Capital Reporting for Institutions Subject to the Advanced Capital Adequacy Framework (FFIEC 101)
The OCC, the Board, and the FDIC are extending the time for collecting information on regulatory capital reporting for certain financial institutions. This extension will last for three years and does not change any existing rules. Insurance agents should be aware that this is an opportunity to prov...
Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Request for Comment; Incident Reporting for Automated Driving Systems (ADS) and Level 2 Advanced Driver Assistance Systems (ADAS)
The National Highway Traffic Safety Administration (NHTSA) is updating its requirements for reporting incidents involving Automated Driving Systems (ADS) and Level 2 Advanced Driver Assistance Systems (ADAS). This change affects manufacturers and developers of these technologies, as they will need t...
Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The Securities and Exchange Commission (SEC) is changing how companies report their financial information. They are simplifying the categories for companies that need to file reports into two groups: large accelerated filers and non-accelerated filers. The SEC is also raising the requirements for co...
Order Granting Conditional Substituted Compliance in Connection With Certain Capital and Financial Reporting Requirements Applicable to a Nonbank Swap Dealer Domiciled in the French Republic and Subject to the European Union's Investment Firms Regulation and Investment Firms Directive
The Commodity Futures Trading Commission (CFTC) has approved a request from Goldman Sachs Paris Inc. to recognize that the financial rules in the European Union for certain swap dealers meet U.S. requirements. This decision affects nonbank swap dealers based in France, allowing them to follow EU reg...
Semiannual Reporting
The Securities and Exchange Commission (SEC) is changing the rules for companies regarding their financial reporting. Instead of filing detailed reports every three months (Form 10-Q), companies can now file a report every six months (Form 10-S). This change aims to make reporting easier and more ef...