Since its inception in 2003, health savings accounts have grown at a phenomenal rate. Today, there are more than 10 million accounts nationwide, a figure thats expected to increase significantly in the next few years.

The Professional Health Insurance Advisors Task Force at the National Association of Insurance Commissioners (NAIC) has endorsed H.R. 1206, a U.S. House bill that calls for removing agent commissions from medical loss ratio (MLR) calculations.

With the effective date of the fee disclosure rule just six months away and the fiduciary definition regulation likely not far behind, many in the financial industry are scrambling to adjust to the new standards and figure out exactly what the regulations mean for them.