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A Year of Legislative Wins for Professional Insurance Agents

Usually as the year comes to an end, we take stock of everything Congress has not done to advance the issues that are important to agents...
December 23, 2015

Usually as the year comes to an end, we take stock of everything Congress has not done to advance the issues that are important to agents. Not this year, because agents have had a winning streak in 2015, as Congress passed and the President signed several of our key priority bills.

“Despite the fact that there is still significant disagreement on many major issues, insurance appears to have broken free of Capitol Hill gridlock,” said PIA National Executive Vice President & CEO Mike Becker. “This Congress has taken many actions to benefit insurance consumers, approving bills endorsed by PIA,” Becker said.

“In addition to the Policyholder Protection Act, lawmakers included a two-year delay in the onerous 40% excise tax on so-called ‘overly generous’ health plans [the “Cadillac Tax”] in the omnibus. Previously, lawmakers passed into law the Protecting Affordable Coverage for Employees (PACE) Act to allow small and mid-sized businesses to continue to provide affordable healthcare coverage to their employees; and voted overwhelmingly to reverse a planned $3 billion cut to crop insurance.”

PIA appreciates the responsiveness demonstrated by members of Congress for the insurance concerns of their constituents.

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