NAIFA GovWatch | Advocacy

(Formerly Advocacy Updates)

GovWatch is a short summary of breaking legislative and regulatory news of interest to NAIFA members. GovWatch helps NAIFA members keep a watchful eye on important legislative and regulatory developments that could positively or negatively impact your business.

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2013

May 2, 2013: CCIIO Issues Agents and Brokers Exchange Guidance
April 15, 2013: Obama Budget Offers Retirement Savings Cap
April 4, 2013: CMS Issues Proposed ACA Navigator Rules
February 25, 2013: Agencies Finalize Rules on Minimum Essential Benefits and Health Insurance Market Reforms
January 2, 2013: Fiscal Cliff Deal Ups Taxes for “the Rich”; Agreement includes repeal of CLASS Act

2012

November 20, 2012: HHS Releases Three Proposed Regulations: Insurance Market and Rate Review, Essential Health Benefits, and Wellness Programs
November 14, 2012: NAIFA’s Analysis of the Winners and Losers and the Impact on Insurance and Financial Services
July 11, 2012: Revised FINRA Suitability, Know Your Customer Rules Go Into Effect
July 9, 2012: President Signs New NFIP, Pension Changes into Law
June 28, 2012: Supreme Court Votes to Uphold Health Care Law
June 21, 2012: Supreme Court's Decision on Health Reform Creates Legislative Challenges
June 8, 2012: U.S. House Passes Legislation to Modify HSA, FSA Rules
June 6, 2012: NAIFA Testifies Before Congress in Support of Advisers SRO Bill
March 22, 2012: House-Passes Bill Proposes Repeal of McCarran-Ferguson Antitrust Exemption for Health Insurance
March 13, 2012: HHS Releases Final Rule on State Health Exchanges
February 22, 2012: President’s Business Tax Reform Framework Attacks COLI
February 2, 2012: CLASS Act Repeal Passes House with Strong Bipartisan Support
January 18, 2012: Ways & Means Committee Votes to Repeal Unsustainable CLASS Act

2011

October 17, 2011: Another Health Care Victory: Unsustainable CLASS Program Is Deep-Sixed
September 19, 2011: A Victory for Main Street Retirement Savers, But More Challenges Ahead
September 13, 2011: Terry Headley Tells Congress Universal Fiduciary Could Threaten Advisors and Middle Market Investors
August 2, 2011: Congress Approves Debt Limit Agreement
July 20, 2011: “Gang of Six” Revived as Possible Debt Limit Solution
April 6, 2011: House Debuts FY 2012 Budget Resolution; 1099 Reporting Repeal Sent to President’s Desk
February 22 , 2011: NAIFA, Industry Representatives Meet with HHS to Discuss Health Care Exchanges, MLRs
January 26, 2011: State of the Union Address Signals Challenges for NAIFA Members
January 24, 2011: GAO, SEC Release Studies on Financial Planning, Investment Adviser Examinations and Standards of Care
January 20, 2011: House Repeals Health Reform Law, but Senate Will Not Follow Suit
January 6, 2011: Efforts to Repeal New Health Law Begin

2010

December 17, 2010: Congress Completes Year-End Tax Bill
December 15, 2010: Senate Passes Year-End Tax Bill, House Action on Tap
December 8, 2010: Deficit Reduction Commission Proposal Would Tax Permanent Life Insurance and Annuity Inside Build-up, Employer-Provided Benefits
November 22, 2010: HHS Issues Medical Loss Ratio Regulation
November 16, 2010: "Grandfather" Rules Now Include NAIFA-backed Change of Carriers
November 11, 2010: Deficit Reduction Commission Chairmen Release Tax Reform Plan
September 24, 2010: Congress Enacts Small Business Bill into Law
August 31, 2010: NAIFA Submits Formal Comments to SEC on Fiduciary Study
August 11, 2010: NAIFA and ACLI Publish STOLI Alert Volume 4, Issue 2
July 15, 2010: “Wall Street Reform” Legislation Headed to President’s Desk
June 25, 2010: Financial Services Overhaul Bill Includes Provision to Settle Regulatory Battle over Indexed Annuities
June 24, 2010: House and Senate Conferees Reach Agreement on Fiduciary Standard of Care Issue
June 23, 2010: Administration Issues Regulation on Pre-existing Condition Exclusion, Lifetime and Annual Dollar Limits, Rescissions, and Patient Protections
June 15, 2010: HHS, Labor, and Treasury Issue Regulation on “Grandfathered” Health Plans
May 21, 2010: NAIFA Analysis of Senate’s Financial Services Overhaul Legislation
May 20, 2010: NAIFA Opposes Stranger-Originated Annuities in NAIC Testimony
March 26, 2010: Congress Enacts Health Reconciliation Bill into Law
March 23, 2010: Senate Committee Approves Financial Services Reform Legislation
March 22, 2010: U.S. House Vote Enacts Senate Health Reform Bill into Law
March 18, 2010: Democrats Release Health Reconciliation Bill
March 17, 2010: Dodd Releases New Draft of Financial Services Overhaul Legislation
February 24, 2010: Tax Reform Debate Kicks Off With Bipartisan Tax Reform Plan
February 22, 2010: Obama Health Reform Proposal Follows Senate Bill, with Changes
February 2, 2010: Obama Administration Submits FY 2011 Federal Budget Proposal to Congress

Also see NAIFA Advocacy Updates for watches sent prior to January 2008.