The latest from Washington, D.C., impacting the insurance and financial services industries.
Health agent associations are speaking out against a new federal policy that they say is hindering agents from enrolling people in coverage on the federal health insurance marketplace.
On July 31, the Trump administration called on drug manufacturers to lower prescription drug prices in the U.S. to “most favored nation” – or MFN – pricing, the lowest cost paid for the same medications in other countries.
August marks the 90th anniversary of Social Security; its defenders raise new warnings of privatization in the Trump era.
Congress is on recess after passing the “big beautiful bill” in early July, but a few health and retirement related issues are expected to come before lawmakers when they get back to work in September.
New Jersey financial professional Jill Van Nostrand submitted a comment letter to the New Jersey Department of Labor and Workforce Development opposing the state’s proposed expansion of the ABC Test for determining independent contractor status.
Governors Christopher Waller and Michelle Bowman dissented, advocating for a 25-basis-point interest rate cut.
Could anything be more bipartisan than encouraging and supporting those providing care for loved ones?
Three industry organizations have praised the signing of H.R. 1 – also known as the Big Beautiful Bill – calling out provisions related to tax reform.
he National Association of Benefits and Insurance Professionals said the passage of H.R. 1, The One Big Beautiful Bill Act includes several critical health policy provisions with far-reaching impacts on employer-sponsored insurance, individual coverage and the broader health care marketplace.
A SCOTUS ruling on birthright citizenship could also shut down a key strategy for financial services to block unwelcome federal rules.
Senate Parliamentarian Elizabeth MacDonough struck out against the major Medicaid provisions in the “big beautiful bill,” warning senators that bill’s passage may be at risk.
The court ruled in favor of South Carolina over its effort to defund Planned Parenthood, concluding that individual Medicaid patients cannot sue to enforce their right to pick a medical provider.
Health insurers pledged to streamline and improve the prior authorization processes for Medicare Advantage, Medicaid, Affordable Care Act marketplace and commercial plans covering nearly eight out of 10 Americans.
The Centers for Medicare and Medicaid Services is adjusting agent compensation for Medicare Advantage upward, representing the largest MA increase in broker compensation in years.
Social Security and Medicare’s primary trust funds are projected to become insolvent by 2033 unless Congress acts promptly.
The Federal Reserve kept interbank interest rates at a range of 4.25 to 4.5 percent on Wednesday amid pressure from President Donald Trump.
The combined funds move one year sooner.
The National Association of Professional Insurance Agents sent a letter to Senate leadership urging them to reject language in the “One Big Beautiful Bill” that would place a 10-year moratorium on any state-level legislative or regulatory action relating to AI.
The budget reconciliation bill passed by the House of Representatives would reduce health care spending in the United States by $797 billion over the next decade, with more than one-third (36%) of the cuts occurring in California, Florida, Texas and New York, a new analysis shows.
As another volatile hurricane and wildfire season looms, insurers are confronting a new risk not coming from nature — but from Washington.
