A Texas lawsuit filed in late August seeks to block new regulations from the Biden Administration that set standards for short-term limited duration health insurance (STLDI) policies. The plaintiffs, including an insurance trade association and a Texas company, argue that the rules exceed federal authority and infringe on state control over insurance. The case also raises concerns about the potential effects on consumers and insurance markets. A key aspect of the case is its interpretation of the Supreme Court's Loper Bright decision, which could influence future agency rulemaking. Click here for article.
Lawsuit Against New Rules: Filed by a trade association and insurance agents, the lawsuit aims to block enforcement of new standards for STLDI and fixed indemnity insurance policies.
Claims of Overreach: The plaintiffs argue the regulations exceed federal authority and infringe on state control, violating the Nondelegation Doctrine.
Consumer Impact: Critics of the regulation claim it could harm consumers by limiting insurance options and raising premiums in the individual market.
Legal Precedents: The case may set a precedent for how courts apply the Loper Bright decision on agency rulemaking and interpret the federal government's authority over insurance.
Comments