Protesters who say insurance company lobbyists are working to undermine state efforts to implement the federal health care reform law interrupted the summer meeting here of the National Association of Insurance Commissioners, while the regulators themselves were split about the law's wisdom and expressed concern about their ability to enforce consumer protections handed down by Washington.
Amidst the ruckus, regulators managed to adopt a medical loss ratio form that leans more toward a narrow definition opposed by the health insurance industry.
During the NAIC's State Government Liaison Committee meeting, a group of protesters yelling that there was an "infestation of lobbyists" in the room handed out "lobbyist pandemic kits." The protesters quickly left the room before security could arrive.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
