NAIFA Statement on Supreme Court's King v. Burwell Decision

“In the wake of the Supreme Court decision in King v. Burwell, NAIFA remains committed to pursuing targeted revisions to the Affordable Care Act,” said NAIFA President Juli McNeely. “For example, NAIFA supports legislation recently introduced by Sens. Isakson and Coons in the Senate and Reps. Long and Schrader in the House to remove advisor compensation from the medical loss ratio (MLR) calculation.
“We also favor S. 1099, introduced by Sens. Scott and Shaheen, and HR 1624, introduced by Reps. Guthrie and Cardenas. The Protecting Affordable Coverage for Employees Act is a bipartisan modification to the ACA that will help NAIFA members continue to serve their small employer clients and avoid plan disruption for employers with 51-100 employees. Without a modification, employers with 51-100 employees will not be able to keep their current health care plans or purchase or renew plans that do not conform to the new regulations.
“Advisors have played a pivotal role in helping individuals and businesses understand both their opportunities and obligations under the ACA, and they will continue to do so. They help individuals and families enroll through the marketplaces or find more suitable coverage outside the marketplaces. They work with clients to ensure they get the best coverage and prices to suit their specific needs. They help employers set up benefits plans and comply with the law. These needs will certainly continue after the King v. Burwell decision, and NAIFA members remain committed to providing professional advice and services.”
  • Posted June 25, 2015 IN

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