NAIC Statement on U.S. Territories

7/17/14 Statement from NAIC President and North Dakota Insurance Commissioner Adam Hamm

“We thank President Obama and CMS for the actions taken today to address the potentially destabilizing impact of ACA market reforms on the territories without the individual mandate and sufficient subsidies. Three months ago, NAIC members, including several commissioners from the U.S. territories met with the President, former HHS Secretary Sebelius, CMS Administrator Tavenner, and other senior White House officials to discuss this important issue. We appreciate this action that reflects our recommendations.”

Read the letters from the Centers for Medicare and Medicaid Services