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.
Read More