Petition updateEnact the Insurance Bill of RightsNow is the time for the Insurance Bill of Rights
Tony SteuerAlameda, CA, United States
Feb 17, 2017
Thank you for being part of The Insurance Bill of Rights movement. An Insurance Bill of Rights is more important than ever. Insurance consumers and the insurance industry should be on the same page and provides benefits for everyone. If you would like to improve the insurance industry to provide improved insurance products at optimized premiums, you can do so by helping spread the word about The Insurance Bill of Rights. While potential changes to the Affordable Care Act are out of our power, it is within our power to understand the issues and to make our voices heard to our Representatives and Senators. Those in charge should follow the best practice template laid out by The Insurance Bill of Rights and consider making changes to the ACA rather than repealing and replacing it. The other big issue has been about delays or changes to the Department of Labor Fiduciary Rule which has now been delayed. The DOL rule will make changes to insurance products held in qualified insurance plans and how commissions are paid and disclosed. This a major step that will put the insurance industry, agents and consumers on the same side of the table. Some insurance companies have already introduced insurance products to conform with the DOL Fiduciary Rule that they intend to stick with, whether or not the rule is implemented. This is a positive sign that will hopefully start to impact insurance products not held in qualified plans. Note the DOL covers a lot more than insurance products. You can read more about what's going with the ACA and the DOL fiduciary rule on The Insurance Literacy Institute Blog (www.insuranceliteracy.org/blog) or by subscribing to the newsletter. You can help, by sharing this petition and getting others to sign. If you want easier to understand and more useful insurance policies, this is your chance. Thank you very much for your support. We can make this change happen and improve the world of insurance.
Copy link
WhatsApp
Facebook
Nextdoor
Email
X