Topic: Healthcare

NAIC Approaching the Finish Line on Health Insurance Lead Generators

The Antifraud (D) Task Force of the National Association of Insurance Commissioners ‎‎(“NAIC”) met on October 20, 2023, to discuss comments received on the August 20 draft ‎revisions to the Model Unfair Trade Practices Act (#880) which would expand the regulatory ‎reach of state insurance regulators to health insurance lead generators, which are not registered ‎or licensed by state insurance regulators. The October 20 meeting became a drafting session as ‎member regulators negotiated textual revisions in real time. Draft new language was uploaded ‎to the NAIC website the evening of Thursday, October 26, 2023, for a one-week comment ‎period closing on Friday November 3, 2023. Despite potential procedural hurdles around public ‎comment periods and open-meeting requirements, the expectation remains that final revisions ‎will be adopted at the Fall National Meeting.‎

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NAIC Working to Extend Authority Over Health Insurance Lead Generators

Late last month, the NAIC Improper Marketing of Health Insurance (D) Working Group met in ‎a public session to discuss revisions to the Unfair Trade Practices Act (Model# 880) to include ‎health insurance lead generators. The main thrust of the proposed revisions is to extend the ‎prohibited practices of Section 4 of the Unfair Trade Practices Act to health insurance lead ‎generators and to impose upon lead generators record keeping requirements subject to ‎examination by state insurance regulators. The health insurance industry, as represented by ‎AHIP, publicly supports the proposed revisions to the Unfair Trade Practices Act as do multiple ‎consumer representatives.‎

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NAIC Committee on Race & Insurance Considers Barriers to Preventive ‎Health Services

The health workstream of the NAIC’s Special (EX) Committee on Race & Insurance, co-‎chaired by Maryland and Minnesota, met yesterday. The overarching theme of the meeting was ‎access to preventive services, particularly as it pertains to chronic diseases, emphasizing ‎underserved populations, especially people of color. The regulators heard presentations from ‎three academic and community advocacy experts‎.

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Privacy & Cybersecurity Newsletter – Summer 2021

Locke Lord’s Privacy & Cybersecurity Newsletter provides topical snapshots of recent developments in the fast-changing world of privacy, data protection, and cyber risk management. For further information on any of the subjects covered in the newsletter, please contact one of the members of our privacy and cybersecurity team.

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Privacy & Cybersecurity Newsletter – November 2019

Locke Lord’s Privacy & Cybersecurity Newsletter provides topical snapshots of recent developments in the fast-changing world of privacy, data protection, and cyber risk management. For further information on any of the subjects covered in the newsletter, please contact one of the members of our privacy and cybersecurity team.

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LL Surplus Lines Series (Entry 16): Expert Analysis – Disability Insurance in the Surplus Lines Market and Recent Legislative Updates

The Surplus lines market has traditionally been a method for insurance placement available to property and casualty products only, although states are increasingly opening up other lines of insurance to the nonadmitted market. For example, a growing number of states have either expressly or indirectly allowed for accident and health coverage to be written through the surplus lines market, and the National Association of Insurance Commissioners released guidance earlier this year advising the states on how to effectively legislate for the expansion of insurance lines that may be written on a surplus lines basis.

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Locke Lord Receives Deal of the Year Award From The Deal for Role in CVS Health’s Acquisition of Aetna

The Deal has awarded Locke Lord with its 2019 Deal of the Year distinction for the Firm’s role as national insurance regulatory counsel to CVS Health in its completed acquisition of Aetna. The honor was announced at the June 20 ceremony for The Deal Awards, which recognize leading lawyers, bankers, advisers and investors who are setting the trends in the industry.

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