The campaigns are done, the voting is over, and the results are becoming clear. Donald Trump will return to the White House as the 47th President of the United States. Republicans will also control the Senate with at least 52 seats. Races determining which party controls the House of Representatives have yet to be decided (and may not be for some time).
Recent posts by Kevin Mayeux
3 min read
The Election Brings Big Changes. NAIFA's Advocacy Is Ready
Topics: State Advocacy Federal Advocacy
1 min read
Americans need informed advice when choosing Medicare plans
While MarketWatch columnist Brett Arends raises legitimate concerns about the complexities surrounding Medicare enrollment and the insurance brokers who assist beneficiaries (“The Medicare scandal hiding in plain sight,” Oct. 16), he unfairly paints a broad picture of financial professionals as profit-driven actors without considering the critical role brokers play helping consumers navigate the Medicare Advantage marketplace, which now accounts for more than half of all eligible Medicare beneficiaries. Agents and brokers educate consumers on how Medicare works, both broadly and in conjunction with other products such as Part D prescription drug plans, to simplify a complex decision-making process.
Topics: Medicare
2 min read
Blanket Accusations Against Financial Professionals Need to Stop
A message to NAIFA Members:
Throughout September, it has been truly inspiring to witness NAIFA members actively participating in Life Insurance Awareness Month by shining a much-needed spotlight on the tremendous value of life insurance. Your commitment to highlighting the importance of this product while educating millions of consumers on the broader issues of financial literacy helps ensure that Americans understand the many tools available to secure their financial futures.
Topics: Message From the CEO
1 min read
NAIFA Offers Solutions to Protect Consumer Access to Informed Medicare Assistance
National Association of Insurance and Financial Advisors (NAIFA) CEO Kevin Mayeux, CAE, issued the following statement on the decision by some health plans to cease new and renewal commissions for Medicare prescription drug (Part D) plans and terminating existing marketing service agreements:
Topics: Medicare Compensation Regulation
1 min read
NAIFA's Lawsuit Aims to Protect Consumers and the Financial Professionals Who Serve Them
The Wall Street Journal and Washington Post recently published articles casting a negative light on the lawsuit brought by NAIFA, ACLI, and others to stop the Department of Labor’s misguided fiduciary-only rule. These articles mischaracterize what we hope to achieve and largely ignore the arguments laid out in our court filings.
Topics: Legislation & Regulations Standard of Care & Consumer Protection DOL
2 min read
NAIFA CEO Kevin Mayeux: The DOL's Decision to Propose a New Fiduciary Rule Harms Americans
Kevin Mayeux, CEO of the National Association of Insurance and Financial Advisors (NAIFA), issued the following statement on the Department of Labor’s beginning of the regulatory process to propose a fiduciary-only rule:
