Rockefeller Urges Insurance Commissioners to Preserve the Strong Consumer Protections in the Health Care Reform Law

WASHINGTON, D.C.—Senator John D. (Jay) Rockefeller IV, Chairman of the U.S. Senate Committee on Commerce, Science, and Transportation, sent a letter today to the President of the National Association of Insurance Commissioners (NAIC) urging state insurance regulators to oppose giving health insurance agents and brokers a special exemption from an important pro-consumer provision of the health care reform law. The letter provides a detailed analysis of why exempting agent and broker commissions from the law’s “minimum medical loss ratio” requirements could cost individuals and businesses more than a billion dollars in lost rebates and premiums reductions. The National Association of Health Underwriters (NAHU) and Florida Insurance Commissioner Kevin McCarty are lobbying NAIC members to endorse this special agent and broker exemption at the NAIC’s upcoming meeting in Austin, Texas.

Hutchison, Thune Applaud Administration Decision to Revisit PTC Railroad Regulations

WASHINGTON, D.C. – Senator Kay Bailey Hutchison (R-Texas), Ranking Member on the Senate Commerce, Science, and Transportation Committee, and Senator John Thune (R-S.D.), Ranking Member on the Surface Transportation and Merchant Marine Infrastructure, Safety, and Security Subcommittee, today said they were pleased the Obama Administration has agreed to revisit the Positive Train Control (PTC) regulatory […]