On March 12, Senate Finance Committee Ranking Member Ron Wyden (D-OR) along with Representatives Kathey Castor (D-FL) and Deborah Ross (D-NC) introduced the Insurance Fraud Accountability Act, which would impose civil and criminal penalties on agents and brokers engaging in misleading or fraudulent activities in the ACA marketplace, including enrolling individuals in plans without their consent and using deceptive marketing to target vulnerable groups.

NAIFA has pushed back on previous efforts to unfairly target our members, who play important roles helping consumers navigate complex and dynamic healthcare marketplaces. We will continue working with CMS and members of Congress to advocate for effective policies that protect consumers and our members who serve them dutifully.

Prospects: There is little chance that this bill will get much formal debate, much less action, while Republicans control the White House, the Senate and the House. However, it represents another attempt to target healthcare agents and brokers while ignoring systemic issues that allow fraud and abuse to occur in the ACA marketplace.

NAIFA Staff Contacts: Mike Hedge – Senior Director – Government Relations, at mhedge@naifa.org; or Roger Moore – Policy Director – Government Relations, at rmoore@naifa.org.