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New NAIC Task Force to Defend Role of Agents, Brokers

A new task force has been formed by the National Association of Insurance Commissioners (NAIC) designed to protect insurance agents and brokers from the healthcare...
November 30, 2010

A new task force has been formed by the National Association of Insurance Commissioners (NAIC) designed to protect insurance agents and brokers from the healthcare reform law's side effects. "Health insurance is a complex product and experienced and licensed agents are a valuable resource for consumers," said Florida Insurance Commissioner and task force chairman Kevin McCarty in a statement. "We intend to work with the agent community and our colleagues at HHS to maintain that resource." The task force was created after the NAIC adopted a resolution in August that recognized the role of agents and brokers.

"This is an extremely important issue for the NAIC," said NAIC President and West Virginia Insurance Commissioner Jane L. Cline. "State insurance regulators recognize the important role of licensed health insurance professionals in serving the needs of individual consumers as well as the business community. We must look at ways to protect their ability to continue serving the public as the new federal law is implemented." The new task force plans to hold its initial meeting via conference call in mid-December.

Click here to read New NAIC Task Force to Address Role of Agents (NAIC 11/24/10)

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