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.

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.