Tuesday, November 8, 2011

NAIC Discusses Resolution to Urge HHS Action on MLR

NAIC Discusses Resolution to Urge HHS Action on MLR

The National Association of Insurance Commissioners (NAIC) met this past week in National Harbor, MD and a prominent topic of discussion was a resolution to ask the department of Health and Human Services (HHS) to act immediately to address agent/broker compensation relative to the medical loss ratio (MLR) regulation.

The “Resolution Urging the U.S. Department of Health and Human Services to Take Action to Ensure Continued Consumer Access to Professional Health Insurance Producers,” was drafted by Florida Commissioner Kevin McCarty. Twenty-two other states co-sponsored the resolution, including New Hampshire, Delaware, North Carolina, South Carolina, Georgia, Alabama, Tennessee, Kentucky, West Virginia, North Dakota, Nevada, Wisconsin, Ohio, Utah, Louisiana, Arkansas, Oklahoma, New Mexico, Idaho, Indiana, Mississippi, and Nebraska. In addition to those states, quite a few other commissioners pledged their support for the measure.

Citing process concerns, and the fact that many commissioners had to leave the meeting early, NAIC President and Iowa Insurance Commissioner Susan Voss did not allow for a vote on the issue at the association’s executive/plenary meeting yesterday. Instead, a teleconference to consider the issue will be held on November 22. NAHU encourages all members from states with commissioners who co-sponsored the resolution to thank their Departments of Insurance for their support. We will be directly working with members in the remaining 27 states on state-specific strategies prior to the November 22 call.

Monday, November 7, 2011

AHIP to HHS: Maybe Exchange Boards Should Understand Insurance?

NULSMAHealth Care Reform Watch

REAL-TIME ALERTS ON HEALTH CARE REFORM FOR INSURANCE AGENTS AND BROKERS

Breaking News!

Life & Health National Underwriter

AHIP to HHS: Maybe Exchange Boards Should Understand Insurance?
Health insurers believe the boards of the new health coverage distribution entities ought to know something about health insurance.…Click here to read more.

PPACA Rebates Start to Affect Earnings
Aetna and Assurant say the new medical loss ratio rules are nibbling at results.…Click here to read more.

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BenefitsPro - Group Health Insurance Stories

Is Preventive Care Really Free?
In an effort to keep health care costs down and encourage better usage, the Affordable Care Act includes a provision that requires preventive care to be offered free of charge. While that may sound good in theory, some benefits experts do not buy into this
free health care.…Click here to read more.

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