NAIFA-GA members were invited to attend Gov. Brian Kemp’s signing of a law requiring health insurance carriers to file commissions rates they offer producers as part of their filings with the state. The law (HB 716) also gives the state Insurance Commission the power to enforce commission rates. The law will help insurance producers impacted by the Medical Loss Ratio provisions of the Affordable Care Act, which has resulted in many carriers reducing or eliminating health insurance agents’ commissions.
“NAIFA-Georgia was extremely pleased to see HB 716 pass the Senate unanimously,” said NAIFA-GA’s lobbyist, Brad Carver, in June. “It is a win for our health insurance agents who badly needed relief until we can get bipartisan federal health care reforms done in Washington, DC. We at NAIFA-Georgia are proud of Rep. Blackmon for his leadership on this important issue.”