LR428

Nebraska LR428 proposes an interim study to examine the effects of implementing LB987, which establishes the Vision Benefit Plan Act.

Nebraska LR428 proposes an interim study to examine the effects of implementing LB987, which establishes the Vision Benefit Plan Act. This act sets detailed standards for insurers and vision benefit managers, including transparency, disclosure, and nonretaliation requirements. It also prohibits practices such as forced provider participation in unrelated plans, nominal reimbursement, and misleading advertising. The Banking, Commerce and Insurance Committee will conduct the study and report findings to the Legislative Council or Legislature.