When they're not screwing up consumers' life insurance choices, the National Association of Insurance Commissioners (NAIC) does try to do positive things. For example, they have a whole committee that's been working to strengthen support of Medicare supplement plans that limit beneficiaries' out of pocket expenses.
The Senior Issues Task Force [ed: good thing they didn't add "Health" in there] has been trying - thus far unsuccessfully - to communicate that message to HHS Secretary Shecantbeserious. Madame Kathy has "asked the NAIC to think about ways to change the NAIC's Medigap model regulation" to further reduce those out-of-pockets. The problem, of course, is that health care costs what health care costs, so someone is going to get stuck with a big bill.
Care to guess who?
The Senior Issues Task Force [ed: good thing they didn't add "Health" in there] has been trying - thus far unsuccessfully - to communicate that message to HHS Secretary Shecantbeserious. Madame Kathy has "asked the NAIC to think about ways to change the NAIC's Medigap model regulation" to further reduce those out-of-pockets. The problem, of course, is that health care costs what health care costs, so someone is going to get stuck with a big bill.
Care to guess who?
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