Naic ?

[JE INSURANCE]

MLRs: NAIC Wants Commissions Passed Through - Regulatory,Legislative and Tax Issues - Life and Health Insurance News

 

[Dave020]

Re: Naic????

From this afternoon's NAHU Washington Update:

The National Association of Insurance Commissioners' (NAIC) Health Insurance and Managed Care "B" Committee voted yesterday to approve an amended version of the draft model regulation concerning how the medical loss ratio (MLR) consumer rebates required by the Patient Protection and Affordable Care Act (PPACA) will be calculated and processed. Prior to the action by the "B" Committee, the NAIC sent a letter to Secretary of the Department of Health and Human Services (HHS) Kathleen Sebelius regarding the issues they hope she considers when determining the final MLR rules. Their letter included the following statement: "As important consumer protections and assistance programs are implemented over the next four years, and as insurance markets evolve during the transition to Exchanges, the role of insurance producers (agents and brokers) will be especially important. We encourage HHS to recognize the essential role served by producers and accommodate producer compensation arrangements in any MLR regulation promulgated."

 

[jbage007]

Re: Naic????

The betting window is now open. Place your bets ladies & gents.

 

[Mark]

Hmm... I dont think this is going to happen.

 

[Full Throttle]

The director of HHS hates the insurance industry. I'll place my bets accordingly.

 

[Paradigm]

stop!!!!! everyone on this forum is so negative. HHS isnt implementing or setting the rules of health care reform its the NAIC that is. If the NAIC recommends something you can be relatively certain it will be accepted by HHS.

 

[Crabcake Johnny]

I agree. This could be positive. This isn't an organization like NAHU asking for comp to be a pass through, this is the NAIC and will hold some weight with HHS.

What was the result of McDonald's communication to HHS of their intent to drop their mini-med? A waiver. Did HHS take a hard line stance? Nope.

Remember people - elections coming up in 2011. As dirty and nasty as HHS/Obama would like to be, these reform changes could hurt their core voting base. I think HHS will lose a few battles as long as they win the war - which is the exchanges and key reforms in 2014.

 

[VolAgent]

Remember people - elections coming up in 2011. As dirty and nasty as HHS/Obama would like to be, these reform changes could hurt their core voting base. I think HHS will lose a few battles as long as they win the war - which is the exchanges and key reforms in 2014.

I always knew Maryland was a bit different, but now you are holding Federal elections in 2011?

 

[arnguy]

I always knew Maryland was a bit different, but now you are holding Federal elections in 2011?

They are just trying to get a head start.

 

[AllenChicago]

Is the NAIC asking HHS to "accomodate" us by allowing Producer commissions to be on the medical care side of the MLR equation?