Independent agents have specific stakes in several high-profile issues being debated in Congress, including healthcare reform, renewal and reform of the National Flood Insurance Program (NFIP), and passage of a new Farm Bill in 2018.
Health care
The most contentious and unpredictable issue facing Congress is health care. The effort to repeal and replace the Affordable Care Act (ACA) has hit many bumps in the road. Ultimately, the ACA's fate will be determined by the political process, with public opinion the most important driver. PIA will work to ensure that agent and broker commissions are excluded from the calculation of medical loss ratio and that the "Cadillac Tax" (the 40% excise tax on "overly generous" employer-sponsored health plans set to take effect in 2020) is delayed, if not ultimately repealed.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
