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National Public Radio Calls the NAIC "An Obscure Group"

A November 1 report carried on National Public Radio's (NPR) "Morning Edition" portrays the National Association of Insurance Commissioners as "an obscure group." The report,...
November 2, 2010

A November 1 report carried on National Public Radio's (NPR) "Morning Edition" portrays the National Association of Insurance Commissioners as "an obscure group." The report, prepared by NPR affiliate KQED in San Francisco, is about the NAIC's role designated by Congress in implementing provisions of the new healthcare law, and how this year's elections may affect that process.

The report also makes this observation: "Fame does not come easy to even the most heroic insurance commissioner. California's current chief [Steve Poisner]forced health plans to scale back double-digit rate hikes, and still he's the white knight no one can name."

What It Means to Agents: It's a good idea to always listen to news reports with a critical ear, no matter the source. We're sure that our nation's state insurance commissioners - who are responsible for overseeing our nation's insurance industry with $1.1 trillion in net premiums written in 2008 - don't consider the NAIC "obscure." And whether he's obscure or not, it's not the responsibility of reporters to elevate California Commissioner Poisner to the status of "white knight."

Click here to read the transcript to "Insurance Commissioners Loom Large in Health Law" (full text) (NPR 11/1/10)

Click here to listen to the Audio of NPR Report (NPR 11/1/10)