About 100 Maryland health insurance agents and brokers lobbied members of the Maryland General Assembly today (Feb. 8) for a continued role for the private sector – and them – when the state’s health insurance exchange starts in 2014.
Maryland’s federally mandated health insurance exchange should be a public, government-run agency with a board tasked with overseeing its operations, according to a state task force.
California’s health insurance exchanges would provide the best coverage if the state “harnesses existing enrollment channels and commercial marketplace infrastructure in a bold new public-private partnership,” according to a new white paper addressing one of the key components of health reform.
Mark Haraway, president of the Maryland Association of Health Underwriters, told IFAwebnews.com the group, like many other agents’ organizations, is still interpreting the sweeping changes of the Patient Protection and Affordable Care Act.
Two reports – one prepared for two Maryland insurance industry trade groups and the other for a general agency operating in the state – reach a similar conclusion: that the Maryland system for delivering health insurance works better than the Massachusetts health exchange.
The Maryland Health Insurance Partnership is increasing the average wage that qualifies for the maximum subsidy, one of several changes responding to the current economic conditions facing small businesses.
The push is on in Maryland to have a universal health care road map ready to use when the Obama Administration and Capitol Hill finalize the direction of their expansive … Read →
Operating an insurance agency in the current economy and dealing with changes in Annapolis and Washington, D.C., will be the focal points of this year’s Maryland Expo.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.