The health care reform bill passed by the Senate on Christmas Eve includes several improvements advocated by the organizations that represent insurance brokers and advisers in Washington. For the most part, however, those groups remain opposed to the Senate bill — and more so the version approved by the House.
Officials at these organizations — including the National Association of Health Underwriters, the Council of Insurance Agents & Brokers, the Independent Insurance Agents & Brokers of America (Big I) and the National Association of Insurance and Financial Advisors — cite as one of the most important victories the elimination of a provision that would have granted the Secretary of Health and Human Services the power to set commissions for brokers selling in state exchanges. “That provision was particularly onerous,” says Joel Wood, senior vice president of government affairs at CIAB.
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