FOR IMMEDIATE RELEASE
STATE REGULATORS MEET WITH PRESIDENT OBAMA ON ACA
WASHINGTON, D.C. (April 17, 2014) - Members of the National Association of
Insurance Commissioners (NAIC) met today with President Barack Obama,
Vice-President Joe Biden and senior members of the administration to
discuss 2015 enrollment issues under the Affordable Care Act (ACA). The
meeting was called by the White House to focus on the end of open
enrollment in 2014 and preparing for the 2015 open enrollment period.
"Today's meeting was an important opportunity to reiterate that states are
best equipped to balance the access, cost, and geographic variables that
exist in their distinct markets," said Adam Hamm, NAIC President and North
Dakota Insurance Commissioner.
"The first open enrollment period provided valuable lessons, but more
importantly, positions us to better anticipate potential issues, address
them efficiently and coordinate oversight in a way that benefits both
consumers and carriers," added Monica J. Lindeen, NAIC President-Elect and
Montana Commissioner of Securities and Insurance.
The meeting, which took place in the State Dining Room, was an opportunity for
regulators to discuss ongoing challenges they see in their markets and
coordinate with the Department of Health and Human Services (HHS) and the
administration to find solutions. State regulators expressed concern about
the lack of insurance regulatory expertise with HHS Secretary Kathleen
Sebelius' departure and recommended that the appointment of a permanent
director of the Center for Consumer Information and Insurance Oversight
(CCIIO) be done quickly, and that the new director should rely on the
expertise of state insurance regulators as decisions are made.
NAIC CEO Senator Ben Nelson attended the White House meeting along with 43
chief insurance regulators from across the country. The President,
Vice-President, HHS Secretary Sebelius, Centers for Medicare & Medicaid
Services (CMS) Administrator Marilyn Tavenner, CCIIO Acting Director Mandy
Cohen, and other senior administration officials were in attendance.
About the NAIC
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S. For more information, visit www.naic.org.