Independent agents have specific stakes in several high-profile issues being debated in Congress, including healthcare reform, renewal and reform of the National Flood Insurance Program (NFIP), and passage of a new Farm Bill in 2018.
Health care
The most contentious and unpredictable issue facing Congress is health care. The effort to repeal and replace the Affordable Care Act (ACA) has hit many bumps in the road. Ultimately, the ACA's fate will be determined by the political process, with public opinion the most important driver. PIA will work to ensure that agent and broker commissions are excluded from the calculation of medical loss ratio and that the "Cadillac Tax" (the 40% excise tax on "overly generous" employer-sponsored health plans set to take effect in 2020) is delayed, if not ultimately repealed.
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