A bill to amend the Federal Trade Commission Act respecting the application of section 6 of that Act to the business of insurance, and for other purposes.

[AI summary unavailable — showing source text] Amends the Federal Trade Commission Act to grant authority to the Federal Trade Commission (Commission) to investigate the insurance industry. Authorizes the Commission to study: (1) life insurance policies offered by private companies; (2) the possibility of private health insurers supplementing medicaid benefits; (3) consumer information for automobile insurance; and (4) insurance company practices. Requires the Commission after completing such study to make recommendations to Congress.…