You are here:HomeIssuesProtecting State Insurance Regulation 2009Ario: Federal Regulation Less Likely Now

Ario: Federal Regulation Less Likely Now

Pennsylvania Insurance Commissioner Joel Ario on August 18 presented his perspectives on hot-button issues to PIA's Pennsylvania affiliate, the Insurance Agents & Brokers and its...
August 31, 2009

Pennsylvania Insurance Commissioner Joel Ario on August 18 presented his perspectives on hot-button issues to PIA's Pennsylvania affiliate, the Insurance Agents & Brokers and its Service Group's Board of Directors. Ario, an executive committee member for the National Association of Insurance Commissioners (NAIC), provided insight and opinion on health care reform, industry regulation and the role of the agent.

Ario explained the need for health care cost control and sharing the reforms that all sides agree upon: elimination of pre-existing condition exclusions and discontinuation of community rating. "It would be a real bad thing if the result of this is no reform at the federal level," said Ario of the current health care debate. He also addressed regulation of the insurance industry and surmised that federal regulation is less likely now than before the November 2008 elections. Ario followed this by admitting an upgrade of the state-based system is necessary and touting the NAIC's National Insurance Producer Registry, which seeks to modernize the licensing process.

Commissioner Ario Touches on Hot Topics (IA&B 8/19/09)