Citing a reference about possible “misleading communications” to policyholders from CMS, the association is calling on Congress for changes to end “marketing and sales abuses” by insurers and their agents.
“State insurance regulators take scare tactics directed at senior citizens very seriously,” the NAIC warned.
The tactics are linked to the health reform bills’ proposals to reduce “excess payments made to Medicare Advantage plans,” which are run by private insurers, wrote Sandy Praeger, chair of the NAIC Health Insurance and Managed Care Committee and Kansas Insurance Commissioner.
Read the National Association of Insurance Commissioners’ release on health reform.
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