With the holidays here, the next few weeks are, thankfully, fairly quiet in Washington, D.C. There is a bit of business, however, I'd like to see get done.
Legislation has been introduced that would ensure regulators cannot redefine stop-loss insurance as traditional health insurance.
The Self-Insurance Protection Act was introduced by Rep. Bill Cassidy, R-La., and Sen. Lamar Alexander, R-Tenn., and so far, eight members of the Self-Insurance Defense Coalition, a lobbying organization, have signed onto a joint letter supporting it. Those members include the Self-Insurance Institute of America, U.S. Chamber of Commerce and National Association of Manufacturers.
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