Why is the NAIC even going through the exercise, when we all know that HHS will get what they want in the end.....low paid agents
HHS Keeping "Close Eye" On NAIC As It Works On Health Law's Broker Fee Provision.
CQ (6/16, Norman, Subscription Publication) reports that in addition to members of Congress, the Department of Health and Human Services is "keeping a close eye" on the National Association of Insurance Commissioners (NAIC) as it "tries to figure out the role of insurance brokers" under the new healthcare system. "Steve Larsen of HHS told members of Congress at a hearing late Wednesday afternoon that the agency is 'monitoring' the work of the NAIC as it studies data on the impact of the healthcare law on broker commissions" but he did not disclose "any further steps HHS might take." The body of state regulators is in the process of "deciding whether to endorse a House measure that would change a medical payout provision in the law that brokers say has devastated their business."
HHS Keeping "Close Eye" On NAIC As It Works On Health Law's Broker Fee Provision.
CQ (6/16, Norman, Subscription Publication) reports that in addition to members of Congress, the Department of Health and Human Services is "keeping a close eye" on the National Association of Insurance Commissioners (NAIC) as it "tries to figure out the role of insurance brokers" under the new healthcare system. "Steve Larsen of HHS told members of Congress at a hearing late Wednesday afternoon that the agency is 'monitoring' the work of the NAIC as it studies data on the impact of the healthcare law on broker commissions" but he did not disclose "any further steps HHS might take." The body of state regulators is in the process of "deciding whether to endorse a House measure that would change a medical payout provision in the law that brokers say has devastated their business."