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Medical loss ratio harms consumers, agents

A new survey by the National Association of Insurance and Financial Advisors shows that the federal health care law’s medical loss ratio provision has had a devastating effect on agents’ ability to maintain a high level of customer service to their clients.



NAIFA: Senate Bill on Insurance Licensing Would Benefit Agents and Consumers

Sens. Jon Tester (D-Mont.) and Mike Johanns (R-Neb.) have introduced the National Association of Registered Agents & Brokers Act (NARAB II), which would establish a federal licensing clearinghouse for insurance agents who operate in multiple states.


SRO Bill Will Provide Appropriate Oversight of IAs

Financial Services Committee Chairman Spencer Bachus and Rep. Carolyn McCarthy, a member of the Committee, introduced bipartisan legislation calling for a self-regulatory organization to fill gaps in Securities and Exchange Commission (SEC) oversight of investment advisers.


Brian Ashe Is Named 2012 John Newton Russell Memorial Award Winner

The life insurance industry’s highest honor will be presented at the NAIFA Career Conference and Annual Meeting in September as a tribute to his more than 40 years of service and contributions to the industry.



Home / About Us / NAIFA-Florida News / Judge says states should move forward with health care reform

Judge says states should move forward with health care reform

Florida judge who ruled ObamaCare unconstitutional says states should move forward with federal health care law

U.S. District Judge Roger Vinson, who in January ruled the federal health care law unconsitutional, ruled today that states should move forward with enacting the law while the case works its way to the U.S. Supreme Court. Vinson, though, said his decision is conditioned on the federal government filing an appeal within seven days.

Vinson issued the opinion after the federal government asked him to clarify his January ruling. Several states, including Florida, have interpreted the ruling to mean that implementation of the law should stop.

Florida is the lead plaintiff in the suit, which was joined by 25 states and the National Federation of Independent Businesses.

Vinson's opinion, though, says he did indeed intend his ruling to stop implementation of the Affordable Patient Care Act or ObamaCare, and he assumed the federal government to ask for a stay, not a clarification.

From the ruling: "As both sides have repeatedly emphasized throughout this case, the Act seeks to comprehensively reform and regulate more than one-sixth of the national economy. It does so via several hundred statutory provisions and thousands of regulations that put myriad obligations and responsibilities on individuals, employers, and the states. It has generated considerable uncertainty while the Constitutionality of the Act is being litigated in the courts. The sooner this issue is finally decided by the Supreme Court, the better off the entire nation will be."