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  • Session Review 2022

Banking Commerce and Insurance

Sen. Matt Williams
Banking Commerce and Insurance Session Review 2022 

Session Review: Banking, Commerce and Insurance

May 12, 2022 admin Sen. Mark Kolterman, LB767 LB863 LB728 LB737 LB739 LB955 LB957 LB1042 LB943 LB1127 LB1190

Pharmacy benefit managers, clinician-administered medication and expanded Medicare eligibility topped the list of issues heard by the Banking, Commerce and Insurance Committee and addressed by the Legislature this session.

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Banking Commerce and Insurance 

Omnibus insurance measure approved

April 13, 2022April 21, 2022 admin Sen. Matt Williams, LB863 LB728 LB737 LB739 LB955 LB957 LB1042

Lawmakers passed a bill April 12 that makes a number of changes to laws governing insurance in Nebraska.

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Sen. Matt Williams
Banking Commerce and Insurance 

Banking omnibus bill advanced

March 3, 2022March 3, 2022 admin Sen. Matt Williams, LB863 LB728 LB737 LB739 LB955 LB957 LB1042

A bill that would adopt updates to the Insurance Holding Company System Act was amended to become an omnibus banking measure and advanced from general file March 3.

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Sen. Steve Lathrop
Banking Commerce and Insurance 

Bill would expand eligibility for supplemental Medicare

February 16, 2022 admin Sen. Steve Lathrop, LB1190

Nebraskans who are younger than 65 and receiving Medicare benefits because of a disability could apply for supplemental Medicare coverage under a bill considered Feb. 15 by the Banking, Commerce and Insurance Committee.

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Banking Commerce and Insurance 

Insurance coverage for clinician-administered drugs sought

February 16, 2022February 18, 2022 admin Sen. Eliot Bostar, LB943

The Banking, Commerce and Insurance Committee heard testimony Feb. 15 on a bill that would prohibit health insurance coverage restrictions on medication that is administered by a clinician.

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Sen. Anna Wishart
Banking Commerce and Insurance 

Regulatory review, temporary exemption process sought

February 15, 2022February 18, 2022 admin Sen. Anna Wishart, LB1127

The Banking, Commerce and Insurance Committee heard testimony Feb. 14 on a bill that would create a new regulatory review program and an office within the state Department of Economic Development to act as a liaison between private businesses and state regulators.

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Sen. Mark Kolterman
Banking Commerce and Insurance 

Pharmacy benefit manager regulation advanced

February 1, 2022February 1, 2022 admin Sen. Mark Kolterman, LB767

Senators advanced from general file Feb. 1 a bill that would regulate pharmacy benefit managers in Nebraska.

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Banking Commerce and Insurance 

Bill would lower colorectal screening age

January 26, 2022January 26, 2022 admin Sen. Eliot Bostar, LB739

The Banking, Commerce and Insurance Committee heard testimony Jan. 25 on a bill that would lower the insurance coverage age for a colorectal cancer screening from 50 to 45.

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Sen. Matt Williams
Banking Commerce and Insurance Session Review 2021 

Session Review: Banking, Commerce and Insurance

June 22, 2021 admin Sen. Michael Flood, LB649 LB297 LB337 LB487 LB510 LB20 LB602

Digital asset management, step therapy, insurance parity and protection of vulnerable adults topped the list of issues heard by the Banking, Commerce and Insurance Committee and addressed by the Legislature this session.

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Banking Commerce and Insurance 

Digital asset depository bill approved

May 21, 2021 admin Sen. Michael Flood, LB649

A bill establishing a state-level regulatory system for digital assets — including cryptocurrency such as Bitcoin — passed May 20.

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Sen. Michael Flood
Banking Commerce and Insurance 

Digital asset depository bill advanced

May 11, 2021May 11, 2021 admin Sen. Michael Flood, LB649

A bill that would establish a state-level regulatory system for digital assets — including cryptocurrency such as Bitcoin — advanced from general file May 10.

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Banking Commerce and Insurance 

Mental health insurance requirements approved

April 15, 2021 admin Sen. John Arch, LB487

Senators gave final approval April 15 to a bill that creates insurance parity for mental health services provided through telehealth in Nebraska.

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Banking Commerce and Insurance 

Step therapy exception authorized

March 25, 2021March 25, 2021 admin Sen. Mark Kolterman, LB337

Health care providers will have greater ability to prescribe treatments under a bill passed March 25.

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Banking Commerce and Insurance 

Financial protections for seniors, vulnerable adults passed

March 25, 2021March 25, 2021 admin Sen. Brett Lindstrom, LB297

Senators approved a bill March 25 that allows certain financial professionals to delay suspicious transactions.

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Banking Commerce and Insurance 

Mental health insurance requirements advance

March 15, 2021March 18, 2021 admin Sen. John Arch, LB487

Senators gave first-round approval March 15 to a bill that would create insurance reimbursement parity for mental health telehealth services.

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