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| VA | RIN: 2900-AO42 | Publication ID: 2012 |
| Title: ●Servicemembers' Group Life Insurance and Veterans' Group Life Insurance Information Access | |
| Abstract: The Department of Veterans Affairs (VA) proposes to amend its regulations governing Servicemembers' Group Life Insurance (SGLI), Family SGLI, SGLI Traumatic Injury Protection, and Veterans' Group Life Insurance (all hereafter referred to as SGLI) to clarify and acknowledge what is implicit in the law that VA, which has the responsibility under the law to administer the SGLI programs, also has the right to full access of the insurer's records related to the operation and administration of the SGLI programs necessary to protect the legal and financial rights of the Government and of the persons affected by the activities of the agency and its agents. VA's access to the records of the insurer is also required due to VA's role of ensuring that the SGLI programs are managed in an effective and efficient manner. This proposed rule would provide clarity and assurance that there are no barriers or questions regarding the extent of VA's unfettered access to records maintained by the insurer, reinsurers, and the successors of both related to the SGLI policy. | |
| Agency: Department of Veterans Affairs(VA) | Priority: Substantive, Nonsignificant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 38 CFR 9.21 | |
| Legal Authority: 38 USC 501, 1965 to 1980A 44 USC 3101 | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: Undetermined |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| Public Comment URL: www.regulations.gov | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Monica Keitt Attorney/Advisor Department of Veterans Affairs VA Insurance Service Center, Program Administration and Oversight (290B), 5000 Wissahickon Avenue, Philadelphia, PA 19144 Phone:215 381-3029 Fax:215 381-3502 Email: monica.keitt@va.gov |
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