News

The rule changes special enrollment periods, the annual open enrollment period, guaranteed availability, network adequacy rules, essential community providers and actuarial value requirements.

The Big “I” submitted a comment letter suggesting that the Department of Labor update the economic impact analysis of the fiduciary rule to take into account the value of personalized retirement advice.

For the first time in 20 months, average commercial insurance rates measured a slight increase, according to the now quarterly MarketScout pricing survey.

The rule was originally set to take effect this Monday, April 10. Now, it will not begin to take effect before Friday, June 9.

Less than a quarter of consumers are comfortable sharing personal data with an InsurTech startup in exchange for a cheaper rate—and most prefer to work with a real person at claim time.

Although the legislation seeks to repeal the limited antitrust exemption for health insurers, it would let the exemption remain in place for other lines of insurance.

Legislation for the “American Health Care Act” leaves the exchanges in place but repeals major provisions of the Affordable Care Act, including its subsidy structure, the individual and employer mandate penalties, and various taxes.

As Congress seeks to reform the NFIP before it expires on Sept. 30, it’s examining lowering the compensation that insurance companies and independent agents earn for administering the program.

In anticipation of President Trump’s budget outline, the Big “I,” along with the D.C Agriculture Coalition, sent letters to top decision-makers in Washington, D.C.

Last week, Republicans in the U.S. House of Representatives released legislation that would begin the process of repealing and replacing the Affordable Care Act.