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March 28, 2011
In This Issue
NAIC Action on Agent/Broker Compensation and the Medical Loss Ratio Requirements
NAIC Also Meets to Address Exchange Issues
New Cosponsors for H.R. 1206
Maybe, Finally, 1099 Relief?
This Week in Washington
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NAIC Action on Agent/Broker Compensation and the Medical Loss Ratio Requirements

The National Association of Insurance Commissioners’ (NAIC) Professional Health Insurance Advisor (EX) Task Force held a public hearing on the impact of the Patient Protection and Affordable Care Act’s (PPACA) medical loss ratio (MLR) requirements on health insurance producer compensation on Sunday as part of their national meeting in Austin, Texas. NAHU submitted written testimony on behalf of the Agent/Broker Alliance and former NAHU National President Beth Ashmore did an incredible job presenting personal testimony on behalf of the association. Read More

NAIC Also Meets to Address Exchange Issues

On Friday, the NAIC’s Exchanges (B) Subgroup met for more than four hours to discuss health insurance exchange issues in the states. One half of the meeting involved discussions regarding the NAIC’s newly released draft white papers on financing exchanges, the role of producers and navigators in the exchanges and adverse selection in exchanges. NAHU provided the working group with detailed comments on the producer/navigator and financing white papers and plans to submit additional comments to the task force on the draft adverse selection white paper before the April 4 deadline.  Read More

New Cosponsors for H.R. 1206

The House of Representatives comes back into session this week and H.R. 1206, the bill to remove broker compensation from the MLR calculation, has already picked up four new bipartisan cosponsors. Representatives Dutch Ruppersberger (D-MD), Tim Griffin (R-AR), Marsha Blackburn (R-TN) and Larry Kissell (D-NC) have all joined on the bill. Please continue to ask your representatives to co-sponsor. You can send a message using this link, and this link is appropriate to send to friends and clients. Read More

Maybe, Finally, 1099 Relief?

The Senate is likely to vote this week on Senator Mike Johanns' (R-NE) proposal to repeal the expanded 1099 reporting requirement provisions in PPACA which would adversely impact hundreds of thousands of small businesses and not-for-profit organizations. The proposal, which has already passed the House with overwhelming bipartisan support, will likely be offered as an amendment to the small business bill that will be under Senate floor consideration this week. Read More

This Week in Washington

With their district work period over, lawmakers straggled back to Washington this weekend. Read More

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