NAIFA discusses 'best interest' standards with SEC Chair

April 17, 2019

NAIFA Past-President Paul Dougherty, along with representatives of the NAIFA government relations team, met with SEC Chairman Jay Clayton and key SEC staff April 15 to discuss the SEC’s proposed Regulation BI. Reg BI would put in place an enhanced standard of care for broker-dealers and their registered reps, requiring them, when making recommendations  regarding securities transactions, to act in the best interests of their clients without putting their own interests ahead of the custome...

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NAIFA, NAILBA to Partner with Initiatives to Strengthen Collaboration in Political Advocacy, Professional Development

April 11, 2019

Initiatives bolster membership cooperation to align efforts that support advisors and agents, industry, consumers   NAIFA CEO Kevin Mayeux (left) and NAILBA CEO Dan LaBert The National Association of Insurance and Financial Advisors ( NAIFA ) and the National Association of Independent Life Brokerage Agencies ( NAILBA ) have increased coordination of programs that support member professional development and networking, and political advocacy and engagement on Capitol Hil...

NAIFA Endorses AHIP Policy Statement on Surprise Medical Billing

April 11, 2019

Legislators at the state and federal level are introducing legislation to prohibit or significantly limit surprise medical billing of patients.  These instances occur when a policyholder unknowingly uses the services of an out-of-network provider, such as when the patient is taken to an out-of-network provider during an emergency or when a provider uses lab services not included in the network, and then receives a substantial bill from the provider to recoup costs not covered by the patient’s...

Webinar features experts in long-term care financing

April 11, 2019

The increasing need for long-term care services is prompting several states to explore how to approach viable financing options for consumers to obtain coverage.  AcademyHealth ’s Long-Term Services and Supports (LTSS) Interest Group will present a live webinar  featuring experts who will discuss state-based activity and the diverse and innovative approaches taken by Minnesota, Washington and Maryland.  The webinar is Wednesday, April 11, 2-3:30 p.m. ET.   Register now. Speakers: ...

NAIFA Issues Policy Statement on "Medicare for All"

April 10, 2019

An increasing number of states are considering legislation to enact a single-payer health insurance system. Under such a proposal, the state would administer a government-run health care program that would supplant the private insurance market and cover the cost of all health care services and procedures for state residents. Similarly, at the federal level, some members of Congress are supporting a related concept referred to as “Medicare For All.”     Medicare For All-style programs w...