House Republicans and Democrats are requesting that the Department of Labor significantly narrow its definition of fiduciary in a rule the agency is currently drafting that would impact the sale of retirement products.
Three financial services industry trade groups are signaling to the Department of Labor they will fight tooth-and-nail to sustain the exemption of the sale of retirement investment products from a fiduciary standard.
The National Association of Insurance Commissioners (NAIC) is being asked to explain the legal reasoning behind its decision to describe itself as a standard-setting organization rather than a trade group.
Obama administration officials never improperly interfered with the deliberations regarding standards it recommended for implementing the healthcare reform law, the National Association of Insurance Commissioners (NAIC) said in response to a congressional inquiry.
The National Association of Insurance Commissioners request for an exemption from the medical loss ratio provisions of the healthcare reform law for insurance agents has been rejected.
The National Association of Insurance Commissioners has delayed until Nov. 22 a vote on a contentious resolution that would have asked the Department of Health and Human Services to unilaterally use its authority to exempt agent health commissions from the medical loss ratio, rather than waiting for Congress to act.
Congressional Republicans are demanding that the Obama administration clarify what it is doing about implementation or non-implementation of the Community Living Assistance Services and Supports (CLASS) Act long term care (LTC) insurance program.
Congress should increase the normal Medicare eligibility age to 67 and replace the government-run basic Medicare program with access to private plans, according to the Healthcare Leadership Council (HLC).
DebugScreen: mobile
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"articles": [
{
"uri": "/2012/04/06/will-the-fiduciary-rule-crush-ira-holders/",
"title": "Will the fiduciary rule crush IRA holders?",
"byline": "Arthur D. Postal and Elizabeth Festa",
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"prettyDate": "April 06, 2012",
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{
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"kickerNode": [],
"summary": "A new report by consultants Oliver Wyman paints a dire picture of the impact of the fiduciary standard on advisors selling products to IRA holders.",
"body": null
},
{
"uri": "/2012/03/07/dol-faces-bipartisan-pushback-against-proposed-fid/",
"title": "DOL faces bipartisan pushback against proposed fiduciary standard",
"byline": "Arthur D. Postal",
"kicker": "",
"prettyDate": "March 07, 2012",
"timeToRead": "2 minute",
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},
"authors": [
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"kickerNode": [],
"summary": "House Republicans and Democrats are requesting that the Department of Labor significantly narrow its definition of fiduciary in a rule the agency is currently drafting that would impact the sale of retirement products.",
"body": null
},
{
"uri": "/2012/03/05/iri-sifma-and-fsr-rip-fiduciary-standard/",
"title": "IRI, SIFMA and FSR rip fiduciary standard",
"byline": "Arthur D. Postal",
"kicker": "",
"prettyDate": "March 05, 2012",
"timeToRead": "5 minute",
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "Three financial services industry trade groups are signaling to the Department of Labor they will fight tooth-and-nail to sustain the exemption of the sale of retirement investment products from a fiduciary standard.",
"body": null
},
{
"uri": "/2012/03/01/naic-standard-setting-rule-questioned/",
"title": "NAIC standard-setting rule questioned",
"byline": "Arthur D. Postal",
"kicker": "",
"prettyDate": "March 01, 2012",
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},
"authors": [
{
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"kickerNode": [],
"summary": "The National Association of Insurance Commissioners (NAIC) is being asked to explain the legal reasoning behind its decision to describe itself as a standard-setting organization rather than a trade group.",
"body": null
},
{
"uri": "/2012/02/22/stretch-ira-provision-removed-from-highway-bill/",
"title": "Stretch IRA provision removed from highway bill",
"byline": "Arthur D. Postal",
"kicker": "",
"prettyDate": "February 22, 2012",
"timeToRead": "4 minute",
"image": {
"uri": "",
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "A provision in Senate legislation that had investment advisors up in arms because it would reduce the value of inherited IRAs has been removed.",
"body": null
},
{
"uri": "/2012/01/17/the-naic-on-implementation-of-mlr-412-55591/",
"title": "The NAIC on implementation of MLR",
"byline": "Arthur D. Postal, Elizabeth D. Festa",
"kicker": "",
"prettyDate": "January 17, 2012",
"timeToRead": "4 minute",
"image": {
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},
"authors": [
{
"webUrl": "/author/profile/arthur-d-postal-elizabeth-d-festa/",
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],
"kickerNode": [],
"summary": "Obama administration officials never improperly interfered with the deliberations regarding standards it recommended for implementing the healthcare reform law, the National Association of Insurance Commissioners (NAIC) said in response to a congressional inquiry.",
"body": null
},
{
"uri": "/2011/12/02/hhs-rejects-naic-mlr-request-412-56397/",
"title": "HHS rejects NAIC MLR request",
"byline": "Elizabeth D. Festa, Arthur D. Postal",
"kicker": "",
"prettyDate": "December 02, 2011",
"timeToRead": "6 minute",
"image": {
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},
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],
"kickerNode": [],
"summary": "The National Association of Insurance Commissioners request for an exemption from the medical loss ratio provisions of the healthcare reform law for insurance agents has been rejected.",
"body": null
},
{
"uri": "/2011/11/08/naic-mlr-action-deferred-412-57044/",
"title": "NAIC: MLR action deferred",
"byline": "Arthur D. Postal",
"kicker": "",
"prettyDate": "November 08, 2011",
"timeToRead": "4 minute",
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},
"authors": [
{
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"kickerNode": [],
"summary": "The National Association of Insurance Commissioners has delayed until Nov. 22 a vote on a contentious resolution that would have asked the Department of Health and Human Services to unilaterally use its authority to exempt agent health commissions from the medical loss ratio, rather than waiting for Congress to act.",
"body": null
},
{
"uri": "/2011/09/26/gop-to-hhs-what-happened-to-the-class-office/",
"title": "GOP to HHS: What happened to the CLASS office?",
"byline": "Arthur D. Postal",
"kicker": "",
"prettyDate": "September 26, 2011",
"timeToRead": "3 minute",
"image": {
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "Congressional Republicans are demanding that the Obama administration clarify what it is doing about implementation or non-implementation of the Community Living Assistance Services and Supports (CLASS) Act long term care (LTC) insurance program.",
"body": null
},
{
"uri": "/2011/09/20/hlc-proposes-traditional-medicare-overhaul/",
"title": "HLC proposes traditional Medicare overhaul",
"byline": "Arthur D. Postal",
"kicker": "",
"prettyDate": "September 20, 2011",
"timeToRead": "2 minute",
"image": {
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},
"authors": [
{
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],
"kickerNode": [],
"summary": "Congress should increase the normal Medicare eligibility age to 67 and replace the government-run basic Medicare program with access to private plans, according to the Healthcare Leadership Council (HLC).",
"body": null
}
]
}
}
