Filed Under:Your Practice, Regulatory

Obama Envisions Key Role for Agents, Brokers in Exchanges

From the Washington Bureau

The Obama administration sees a role for agents and brokers in healthcare exchanges, after all (AP Photo/Pablo Martinez Monsivais)
The Obama administration sees a role for agents and brokers in healthcare exchanges, after all (AP Photo/Pablo Martinez Monsivais)

Health exchange regulations finalized by the Obama administration Monday envision allowing agents, brokers and private companies to sell coverage on the exchange to individuals and employers through privately-run websites.

[See: HHS Unveils New Healthcare Exchange Rules]

Another concern cited by PoliticoPro was that consumers wanted fewer insurers on the exchange board. “But under the new rules, up to half of a board can represent insurers,” Politico Pro said.

However, the final rule, which goes into effect in 60 days, mandates that representatives of insurance issuers, agents, brokers, or others licensed to sell insurance may not constitute the majority of an exchange board.

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Nichole Morford

Nichole Morford
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