<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=319290&amp;fmt=gif">
Member Login

Advocacy in action blog

NAIFA Government Relations Team

Recent posts by NAIFA Government Relations Team

2 min read

NCOIL Adopts NAIFA-Backed Resolution Opposing Potential Fiduciary Rulemaking by the DOL

By NAIFA Government Relations Team on 7/21/23 5:49 PM

This afternoon, the National Conference of Insurance Legislators (NCOIL) adopted a NAIFA-backed resolution that opposes potential fiduciary rulemaking by the Department of Labor (DOL). 

Topics: NAIC Model Regulation DOL NCOIL Regulation Best Interest Fiduciary
2 min read

New Law in Hawaii Strengthens Protections for Annuity Consumers

By NAIFA Government Relations Team on 6/23/22 8:43 AM

American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors (NAIFA) Hawaii Government Relations Chair Cynthia Takenaka issued the following joint statement on legislation signed into law in Hawaii that strengthens protections for annuity consumers:

Topics: State Advocacy Standard of Care & Consumer Protection Annuity Best Interest Hawaii
2 min read

CMS Releases New FAQs Regarding Agent/Broker Compensation for Special Enrollment Periods

By NAIFA Government Relations Team on 6/14/22 12:00 AM

On June 7, the Centers for Medicare and Medicaid Services (CMS) released a list of Frequently Asked Questions (FAQs) regarding compensation paid by issuers to agents and brokers who assist customers with enrollment during a Special Enrollment Period (SEP) or during Open Enrollment Periods (OEPs).

Topics: Federal Advocacy CMS Compensation Regulation Insurance & Financial Advisor Regulation
8 min read

Biden FY 2023 Budget Proposes $1 Trillion+ in New Taxes, Mostly on Corporations, Wealthy Individuals

By NAIFA Government Relations Team on 4/5/22 10:49 AM

On March 28, President Biden sent Congress a Fiscal Year (FY) 2023 budget that calls for $1.58 trillion in discretionary spending (a 7.4 percent increase over last year) and over $1 trillion in new taxes. The budget, the Administration says, would reduce the federal deficit by $1 trillion over ten years.

Most of the new taxes would come from the proposal to hike the corporate tax rate from the current 21 percent to 28 percent (starting in 2023) and from a new 20 percent tax on a combination of income and capital wealth held by households with $100 million or more in income from earnings and increases in the value of their capital assets. The budget also proposes raising the top individual tax rate to 39.6 percent.

Topics: Retirement Planning Federal Advocacy Congress Tax Reform
1 min read

Many Americans Support Building on Our Current Health Care System

By NAIFA Government Relations Team on 3/21/22 3:10 PM

The Partnership for America’s Health Care Future recently published results from a nationwide poll showing that the push for transforming the American health care system through a public option, Medicare-for-All or other government interventions in the market is losing traction with American voters.

Topics: Health Care State Advocacy Federal Advocacy Advocacy Partnerships
1 min read

Lend Your Voice to Help Reopen the Capitol

By NAIFA Government Relations Team on 3/16/22 7:16 PM

Over the past few weeks, NAIFA has encouraged Congressional leadership to expand access to the US Capitol campus. Numerous reports confirm Congressional leadership is working on a bicameral reopening plan for the entire Capitol grounds.  With the 2022 Congressional Conference merely two months away, we are happy to hear that leadership is working on a phased reopening plan.  By reopening the Capitol, we will be able to get back to our in-person visits which allow us to discuss issues relating to the financial services industry and explain the impact that certain policies have on your clients and businesses.

Topics: Grassroots
1 min read

House Passes the Build Back Better Act

By NAIFA Government Relations Team on 11/19/21 10:21 AM

The House passed H.R. 5376, the Build Back Better Act. Rep. Jaren Golden (D-ME) was the sole Democrat to vote against the bill. No Republicans voted for the bill. Now, on to the Senate, where significant changes are expected. Senate leadership wants to finish this before year-end, but given the other must pass agenda items (government funding, debt limit, defense authorization), that timing seems unlikely.  

Topics: Retirement Planning Federal Advocacy Build Back Better Act Congress Tax Reform
1 min read

CMS Plan Year 2022 Registration and Training is Live for Returning Agents and Brokers

By NAIFA Government Relations Team on 8/30/21 5:24 PM

Today, the Centers for Medicare and Medicaid Services (CMS) announced that registration and training for Plan Year 2022 is now available for returning agents/brokers who completed training and registration for Plan Year 2021. Registration and full training for new agents and brokers will be made available later this year.

Topics: Federal Advocacy CMS Insurance & Financial Advisor Regulation Producer Sales & Marketing
1 min read

NAIFA and Industry Partners Request Non-Enforcement Period for Sec. 202 of the No Surprises Act

By NAIFA Government Relations Team on 8/3/21 5:09 PM

On Monday, July 26, NAIFA and our industry partners, The Council of Insurance Agents & Brokers and the Independent Insurance Agents & Brokers of America, sent a letter to the U.S. Department of Labor requesting an initial non-enforcement period for Section 202 of the No Surprises Act.

Topics: Health Care Federal Advocacy DOL
3 min read

Toomey Re-Introduces Measure to Make Long-Term Care Insurance More Affordable

By NAIFA Government Relations Team on 7/22/21 5:38 PM

For well over a century, NAIFA members have helped individuals, families, and businesses:

Topics: Long-Term Care Federal Advocacy Congress