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LB967 - Insurance, Pharmacy, and Licensing Provisions with Protection of Seniors Act

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Summary

Nebraska Governor signed LB967 into law on April 7, 2026, creating the Nebraska Protection of Seniors from Insurance Exploitation Act and amending provisions related to insurance fees, licensing, trade practices, pharmacy benefit managers, mutual insurance holding companies, the Population Health Information Act, and the Health Information Technology Board. The bill passed the legislature 48-0-1 after committee review and multiple amendments. Insurance companies, pharmacy benefit managers, and entities licensed under Nebraska insurance law will face new compliance obligations and consumer protection requirements targeting seniors.

What changed

LB967 enacts comprehensive changes to Nebraska's insurance regulatory framework, including adoption of the Nebraska Protection of Seniors from Insurance Exploitation Act and amendments to pharmacy benefit manager regulations, mutual insurance holding company provisions, and health information technology governance. The bill underwent significant legislative refinement through multiple amendments including Jacobson AM2797 and Bostar AM2888 before final passage.

Insurance carriers, pharmacy benefit managers, and licensed insurance producers operating in Nebraska should prepare for enhanced regulatory requirements and consumer protection obligations, particularly regarding senior policyholders. Compliance teams should monitor for implementing regulations from the Nebraska Department of Insurance and await technical guidance on the Health Information Technology Board modifications.

What to do next

  1. Review internal compliance procedures against new insurance trade practice requirements
  2. Assess pharmacy benefit manager operations for compliance with updated licensing standards
  3. Implement consumer protection protocols for seniors as required under the Protection of Seniors from Insurance Exploitation Act

Source document (simplified)

ChangeBridge / Nebraska / LB967 Signed by Governor LB967 LB Signed by Governor 2026-04-07

Change provisions relating to insurance fees, licensing, and trade practices, pharmacy benefit managers, mutual insurance holding companies, the Population Health Information Act, the Health Information Technology Board, and the Site and Building Development Act and adopt the Nebraska Protection of Seniors from Insurance Exploitation Act

Bill Details

State Nebraska

Session 109th Legislature

Chamber House

Official Source nebraskalegislature.gov/bills/view_bill.ph...

LegiScan View on LegiScan

Sponsors

Michael Jacobson (Sen - N)

Action History

2026-04-07 L Approved by Governor on April 7, 2026 2026-04-01 L Presented to Governor on April 1, 2026 2026-04-01 L President/Speaker signed 2026-04-01 L Passed on Final Reading 48-0-1 2026-04-01 L Dispensing of reading at large approved 2026-03-30 L Enrollment and Review ST73 recorded 2026-03-30 L Enrollment and Review ST73 filed 2026-03-30 L Placed on Final Reading with ST73 2026-03-24 L Advanced to Enrollment and Review for Engrossment 2026-03-24 L Bostar AM2888 adopted 2026-03-24 L Bostar AM2888 filed 2026-03-24 L Jacobson AM2797 adopted 2026-03-24 L Jacobson FA1032 withdrawn 2026-03-24 L Hansen FA1022 withdrawn 2026-03-24 L Kauth FA623 withdrawn 2026-03-24 L McKinney MO504 withdrawn 2026-03-24 L McKinney MO503 withdrawn 2026-03-24 L McKinney MO502 withdrawn 2026-03-24 L Enrollment and Review ER138 adopted 2026-03-20 L Jacobson AM2797 filed 2026-03-10 L Enrollment and Review ER138 filed 2026-03-10 L Placed on Select File with ER138 2026-03-09 L McKinney MO504 Indefinitely postpone filed 2026-03-09 L McKinney MO503 Recommit to the Banking, Commerce and Insurance Committee filed 2026-03-09 L McKinney MO502 Bracket until April 17, 2026 filed 2026-03-06 L Hallstrom name added 2026-03-06 L Jacobson FA1032 filed 2026-03-05 L Advanced to Enrollment and Review Initial 2026-03-05 L Banking, Commerce and Insurance AM2324 adopted 2026-03-04 L Hansen FA1022 filed 2026-03-03 L Banking, Commerce and Insurance AM2324 filed 2026-03-03 L Placed on General File with AM2324 2026-02-11 L Banking, Commerce and Insurance priority bill 2026-01-22 L Notice of hearing for February 03, 2026 2026-01-14 L Referred to Banking, Commerce and Insurance Committee 2026-01-13 L Kauth FA623 filed 2026-01-12 L Date of introduction

Votes

2026-03-05 Banking, Commerce and Insurance AM2324 adopted Yea: 33 Nay: 1 2026-03-05 Advanced to Enrollment and Review Initial Yea: 34 Nay: 1 2026-03-24 Jacobson AM2797 adopted Yea: 41 Nay: 0 2026-03-24 Bostar AM2888 adopted Yea: 37 Nay: 0 2026-04-01 Passed on Final Reading 48-0-1 Yea: 48 Nay: 0

Committee Referrals

2026-01-14 L Banking, Commerce and Insurance

Amendments

2026-01-13 Kauth FA623 2026-03-03 Banking, Commerce and Insurance AM2324 2026-03-04 Hansen FA1022 2026-03-06 Jacobson FA1032 2026-03-09 McKinney MO502 2026-03-09 McKinney MO503 2026-03-09 McKinney MO504 2026-03-10 Enrollment and Review ER138 2026-03-20 Jacobson AM2797 2026-03-24 Bostar AM2888 2026-03-30 Enrollment and Review ST73

Bill Text Versions

2026-01-12 Introduced 2026-03-30 Enrolled 2026-03-30 Engrossed 2026-04-07 Chaptered Legislative data powered by LegiScan (CC BY 4.0)

Named provisions

Nebraska Protection of Seniors from Insurance Exploitation Act Pharmacy Benefit Managers Mutual Insurance Holding Companies Population Health Information Act Health Information Technology Board Site and Building Development Act

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Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
NE Legislature
Published
April 7th, 2026
Instrument
Rule
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
LB967 (2025)

Who this affects

Applies to
Insurers Healthcare providers Employers
Industry sector
5241 Insurance
Activity scope
Insurance licensing Pharmacy benefit management Health information exchange
Geographic scope
US-NE US-NE

Taxonomy

Primary area
Insurance
Operational domain
Compliance
Topics
Healthcare Consumer Finance Data Privacy

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