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PIA Joins Industry Health Care Coalition in Signing Letter to Senate Leaders

PIA has joined industry colleagues in a coalition effort to shape health care reform. PIA has signed a letter (PDF file) that the coalition sent...
May 27, 2009

PIA has joined industry colleagues in a coalition effort to shape health care reform. PIA has signed a letter (PDF file) that the coalition sent to Senate Finance Committee Chairman Max Baucus (MT) and Ranking Member Charles Grassley (IA), commenting on the Committee's recent policy options paper, Expanding Health Care Coverage: Proposals to Provide Affordable Coverage to All Americans. Our comments focus on the provisions specifically concerning agents and brokers.

The letter addresses many points, including a proposal in the policy paper that suggested that agents and brokers selling health insurance products be subject to a regulated commission schedule, also modeled on the Medicare Advantage commission requirements. The coalition's response states: "[I]t should be the individual private health insurance carriers that determine the amount of any commission paid to agents and brokers, as well as how those commissions should be paid as a function of health plan operations."

In addition to PIA, signers of the coalition letter include The Council of Insurance Agents & Brokers, the National Association of Insurance and Financial Advisors (NAIFA), the National Association of Health Underwriters (NAHU) and IIABA.

What It Means to Agents:  As the debate over health care reform moves into high gear on Capitol Hill, PIA's focus will remain on ensuring that the interests of professional insurance agents are protected as proposals are considered.

Coalition Letter to Senate Finance Committee Leaders (PDF file, 5/22/09)

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