MENU
  • Market Intelligence & Insights
  • Government & Regulations
  • Events & Connections
  • Talent & Development
  • The Council Foundation
Leaders Edge
Login
Search
CLOSE
  • About
    • Meet The Council
    • History
    • Careers
    • Our World Headquarters
  • Council Partners
  • News & Media
  • Join Us
  • Leader’s Edge
  • Log In
  • Membership Center
  • Market Intel
    • Healthcare
      • Pricing Transparency
      • Payment Reform
      • Healthcare Data and Technology
    • Insurtech
    • Cyber
      • Cyber Insurance Market
      • Cyber Regulation
      • Cybersecurity
      • Cyber Market Watch Survey
    • Global Business
      • International Working Group
    • P/C Market Surveys
    • Cyber Market Watch Survey
    • Resources
      • Alerts
      • Council Brief
      • COUNCILcast
      • Webinars
  • Government & Regulations
    • Alerts
    • CouncilPAC
    • Healthcare Reform Information Center
      • Healthcare in Transition Newsletter
    • Our Issues
      • Taxation of Employer-Sponsored Insurance
      • Single Payer Debate & State Tracking
      • National Flood Insurance Program
      • FATCA
      • Cyber Insurance
      • Cadillac Tax
    • Client Services: Fees & Disclosure Tools
    • State Laws and Regulations
      • Data Breach Notification
      • Producers’ Compensation Disclosure
      • Producers’ Fees and Commissions
      • Producers’ Fiduciary Responsibilities for Trust Accounts
      • Surplus Lines
  • Events & Connections
    • Legislative & Working Groups Summit
    • Employee Benefits Leadership Forum
    • CFO Conference
    • Insurance Leadership Forum
    • Council Academy
    • Global Business
    • Working Groups
      • CFO Working Group
      • CIO Working Group
      • Claims & Risk Management Working Group
      • HR Working Group
      • International Working Group
      • Legal Counsel Working Group
      • Marketing & Communications Working Group
  • Talent & Development
    • DE&I Learning Circles
  • The Council Foundation
    • Dave Oberkircher Future Leaders Fund
    • Scholarship Program
    • Forward-Thinking Research
    • Foundation Fundraising
      • Donors
    • Internship Resources
    • Foundation Board of Directors
  • Hiring Tools

HOME TO 200 OF THE TOP COMMERCIAL INSURANCE AND EMPLOYEE BENEFITS BROKERAGES WORLDWIDE.

Flood in the funding bill, Cadillac Tax delay letter and more

SHARE
  • Flood in the funding bill, Cadillac Tax delay letter and more

December 11, 2017

Funding Bill Extends NFIP until December 22

Last week, both the House and Senate passed a funding bill that continues to fund the federal government and reauthorize the National Flood Insurance Plan until December 22. This is the second time Congress included a clean NFIP reauthorization in spending legislation this year.

A similar maneuver is expected next week when Congress must pass another funding bill that continues after December 22. Until the Senate finishes its deliberations on long-term NFIP reform, The Council continues to work with other coalition members to make sure that any NFIP short-term reauthorization is included in any further government funding extensions.

The Council Urges Delay of Cadillac Tax Before End of Year

The Council, along with 35 other business organizations, sent a letter to Congress today asking for a delay in the 40 percent “Cadillac Tax” on employer-sponsored health coverage before the end of this year.

As the letter states, employers are already preparing for the 2020 plan year. They are negotiating with vendors, building out networks with their carriers, contracting with healthcare systems for value-driven care, and working out multi-year collective bargaining agreements with labor unions. All of these activities will be significantly impacted if the Cadillac Tax is not delayed.

Read the letter.

CIAB Supports Business of Insurance Regulatory Reform Act

The Council co-signed a letter last week to the House Financial Services Subcommittee on Financial Institutions and Consumer Credit in support of HR 3746, the Business of Insurance Regulatory Reform Act of 2017.

This bipartisan legislation – introduced by Reps. Sean Duffy and Gwen Moore – would clarify and reinforce the original intention of the Dodd-Frank and McCarran-Ferguson Acts; namely, that the Bureau should only exercise regulatory jurisdiction over the business of insurance where it has clear authority from Congress, and that deference should be given to state insurance regulators when it comes to the business of insurance.

Read the letter.

Have Something to Say About Health Spending?

Health Affairs recently announced a multi-year journal and blog series on health spending, and is looking for contributions to the conversation. Health Affairs recognizes this conversation must broaden beyond those in health policy to include employers, hospitals, doctors, consumers and patients. Questions they want to cover range from the price of services, to affordability of new cures, to health spending versus spending on other societal resources.

Read about Health Affairs’ approach to this initiative (or submit your contribution) and check out the latest from Leader’s Edge on the healthcare cost conversation.

ACA Legislation Tracker Updated

Our legal team at Steptoe & Johnson has updated its ACA Legislation Tracker as of December 6.  Recent updates are noted in the top box on the first page of the document. Click here for the PDF.

12/18 Healthcare PULSE Call Cancelled

In lieu of our December 18 Healthcare PULSE call, our Government Affairs team hosted a live webinar last week. If you missed the webinar, click here for the slides and recording. We will keep you posted on the timing of the next PULSE call.


Now Playing: Social Selling & Why Your Producers Need it

Done right, social selling can open up a world of possibility. But if your producers aren’t engaged, they may be missing the boat. Our conversation with Steven Handmaker, CMO of Assurance Agency, uncovers the good, the bad and the opportunity of social selling.

Keep it Real

Local colleges are a great resource for young talent. But these recruits need a real experience.

Read more.

Joel Kopperud, VP, Government Affairs
Cadillac Tax is Sticking Point for Congress
The Hill

Cheryl Matochik, SVP, Strategic Resources & Initiatives
How Commercial Insurance Customers Rate Large Carriers, Brokers
Insurance Journal

Alerts

All the latest from our Government Affairs team.
View Alerts
701 Pennsylvania Avenue NW, Suite 750
Washington, DC 20004
Phone: 202.783.4400
Fax: 202.783.4410
Email: ciab@ciab.com
Twitter: @theciab
  • About
  • Careers
  • Internships
  • News & Media
  • Council Partners
  • Join Us
  • Log In/Member Center
  • Leader’s Edge Magazine
  • Newsletter Sign Up
  • Site Map
  • Terms/Policies

  • Follow Us on Twitter
  • Follow Us on LinkedIn
  • Follow Us on Facebook
  • Follow Us on YouTube
© 2023 The Council of Insurance Agents & Brokers.
Translate »