A consumer group is warning that “health insurance salespeople” are attempting to “rewrite the health reform law to guarantee broker income at the cost of increasing consumer premiums.”
If Republicans in the U.S. House of Representatives are going to offer a replacement to the federal health reform law, insurance agents favor efforts to save their commissions and eliminate mandates, according to the latest IFAwebnews.com poll.
Two insurance trade groups in New York have filed notice indicating they will appeal the New York Supreme Court Appellate Division’s decision upholding the state insurance department’s broker disclosure rule.
The last 18 months of health reform debate and discussion produced one clear outcome, unlikely to be changed by Congress or courts. We have learned many in Washington, in the states and perhaps even carriers and consumers believe that the role of the agent isn’t important in the delivery of the health care system – and by extension all insurance transactions – and therefore expendable.
With the advent of the Supreme Court argument, all parties involved in the health insurance business are waiting. This is particularly true of health insurance carriers. Each insurance carrier to date has made adjustments to their business based on their best interpretation of the Patient Protection and Affordable Care Act, the federal health reform law.