We have received text from S. 3400: Ally’s Act. This bill was received on 2025-12-09, and currently has 4 cosponsors.
Here is a short summary of the bill:
This bill, known as Ally's Act, aims to enhance health insurance coverage related to hearing devices and systems by making specific requirements for group health plans and health insurance issuers. It seeks to ensure that individuals with hearing loss receive adequate support and services necessary for their auditory needs.
Key Provisions of the Bill
1. Coverage Requirements
The bill mandates that group health plans and health insurance issuers provide coverage for a variety of services and items related to auditory implant devices, including:
- Auditory implant devices (e.g., cochlear implants) and external sound processors.
- Maintenance of these devices.
- Upgrades or replacements of devices every five years.
- Adhesive adapters and softband headbands.
- Repairs of devices.
- A comprehensive hearing assessment.
- A preoperative medical assessment.
- Surgery related to the implantation of these devices.
- Postoperative medical visits and audiological visits for fitting and activation.
- Aural rehabilitation and treatment services as deemed necessary.
2. Financial Requirements and Treatment Limitations
The bill includes provisions to ensure that financial requirements and treatment limitations for the mandated services and items are not more restrictive than those applied to other medical and surgical benefits governed by the same health plans. Specifically:
- The cost-sharing requirements for these auditory services cannot be more onerous than those for other covered medical benefits.
- There must not be treatment limitations that are more restrictive than those that apply to other medical benefits covered by the plan.
3. Medical Necessity Review
Health plans are prohibited from denying or limiting coverage for any of the items or services identified in the bill that have been deemed medically necessary by a physician or qualified audiologist. This ensures that if a healthcare provider recommends a specific service or device, it will be covered under the health insurance plan.
4. Definition of Qualifying Individual
A 'qualifying individual' is defined in the bill as someone who has been determined by a physician or qualified audiologist to require an auditory implant device or external sound processor, based on criteria including degree of hearing loss.
Legislative Process
This bill has been introduced in the Senate and referred to the Committee on Health, Education, Labor, and Pensions for further consideration. It is set to take effect for plan years beginning on or after January 1, 2026, if passed.
Relevant Companies
- WSO (Watsco, Inc.): As a leading distributor of HVAC equipment, Watsco could experience changes in market demand for hearing services due to this bill impacting health coverage.
- CSCO (Cisco Systems, Inc.): Involved in various technologies, including those relevant to audiology and telehealth, which might see increased utilization.
- ADBE (Adobe Inc.): As a provider of software solutions perhaps used in healthcare contexts, they might experience indirect impacts depending on the nature of compliance requirements with new regulations.
Senator John R. Curtis Bill Proposals
Here are some bills which have recently been proposed by Senator John R. Curtis:
- S.3502: A bill to establish requirements with respect to the sale of timeshares to improve acquisition transparency, and for other purposes.
- S.3407: A bill to direct the Secretary of Energy to establish a Western Refined Fuel Storage Reserve as part of the Strategic Petroleum Reserve, and for other purposes.
- S.3400: Ally’s Act
- S.3354: QUIET Act
- S.3338: A bill to direct the United States Postal Service to designate a single, unique ZIP Code for Highland City, Utah.
- S.3208: Six Assurances to Taiwan Act
You can track bills proposed by Senator John R. Curtis on Quiver Quantitative's politician page for Curtis.
Senator John R. Curtis Net Worth
Quiver Quantitative estimates that Senator John R. Curtis is worth $18.0M, as of December 31st, 2025. This is the 72nd highest net worth in Congress, per our live estimates.
Curtis has approximately $3.5M invested in publicly traded assets which Quiver is able to track live.
You can track Senator John R. Curtis's net worth on Quiver Quantitative's politician page for Curtis.
Senator John R. Curtis Stock Trading
We have data on up to $5.8M of trades from Senator John R. Curtis, which we parsed from STOCK Act filings. Some of the largest trades include:
- A November 21st, 2019 sale of up to $100K of $BRK.A. The stock has risen 130.35% since then.
- A March 27th, 2020 sale of up to $100K of $BRK.B. The stock has risen 178.04% since then.
- A March 27th, 2020 purchase of up to $50K of $MSFT. The stock has risen 219.66% since then.
- A March 27th, 2020 purchase of up to $50K of $AMZN. The stock has risen 138.08% since then.
- A October 9th, 2020 sale of up to $50K of $GOOGL. The stock has risen 309.53% since then.
You can track Senator John R. Curtis's stock trading on Quiver Quantitative's politician page for Curtis.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
