Insurance agents oppose proposal to allow interstate health cover sales

The proposed law will be moved in tandem with the American Health Care Act, says speaker

Insurance agents oppose proposal to allow interstate health cover sales

Life & Health

By Allie Sanchez

An organization of insurance agents expressed discontent over House Speaker Paul Ryan’s announcement that a second health care bill to allow interstate health insurance has been proposed in Congress.

The Speaker reportedly said that the bill will move with the American Health Care Act, which is set to replace the 2010 Affordable Care Act (ACA) currently in place.

According to a statement from the organization, the National Association of Professional Insurance Agents (PIA) said the move “would strip states of their regulatory authority over insurance and undermine the foundation on which state regulation of insurance is based.”

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“State governors, legislators and regulators know best what will work in their unique markets and what will not work,” PIA added in the statement.

“The path to constructing a replacement for the ACA should lead to more state control, not less. The proposal would transfer power from the states to the federal government,” PIA national vice president and chief executive Mike Becker also noted.

“Permitting the designation of any one state as regulator for all states, would, in essence, impose a one-size-fits-all solution dictated by Washington DC—which ironically, has been one of the main criticisms of ACA.”


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