National Association of Insurance and Financial Advisors

 

Naifa Health & Govt. Call Notes

  • 10 May 2017 9:04 PM
    Message # 4825729
    Mary Louise VanNatta, CAE (Administrator)

    NAIFA Oregon

    Combined Governmental Affairs/Health Conference Call, 5/10/17

    In attendance:

          Roger Beyer, lobbyist

          Lisa Lettenmaier, State President-Elect

          Sue Davis

          Kate Beck

          Mai-Han Shultz

          Dave Willis

          Kristy Henning

          Paul Hagemann

          John Thunell

          Tracy Boster

          Mary Louise VanNatta, Staff

    Meeting called to order at 9:01 a.m.

    Governmental Affairs- Roger Beyer

    May 19 is the last day for bills to be scheduled

    SB 332 (rebates)

          Passed senate.

          Referred to House Health Committee but health insurance is not affected.

          House PH was held May 1. Not well attended. Nationwide was in support, NAIFA in opposition. WS at 3 p.m.. It is likely to pass.

          State Farm went to neutral because of Senate amendments. Agents would also be able to offer incentives.

          Not a rebate of premium.

    SB 95

          Status: Passed Senate 9 no votes (all R’s).

          Will move to House Judiciary and no action scheduled.

          Similar bill that deals with financial institutions (exempted from SB 95) that allows these institutions “not to” distribute funds if they believe financial abuse/foul play. It doesn’t make them mandatory reporters, however. Trial attorneys are paying attention and opposing the bill b/c they believe that financial institutions should be reporters.

          Beyer will meet with chair and explain concerns about protections for reporters.

          Reporting time was changed from” immediately” to “as soon as practical.”

          Expectation that this bill will be scheduled before the deadline.

    ACTION:  After Beyer’s meeting with Chairman Barker, he will contact Hagemann about contacting the committee chair.

    SB 737: 

          Non-economic damages for wrongful death claims.

          It’s on our list, but it is becoming interesting because it is the trial lawyers #1 bill.

          Not passed Senate.

    SB 977 (noncompete clauses)

          Bill died which would have allowed non competes to be only six months.

    Senate Revenue & Finance

          New gross receipts tax.

          Senate plan is low % of tax on gross receipts (0.25%, no exceptions).

          House plan is a higher % tax (1% on corporations on businesses with more than $5M in gross sales).

          Question:  What becomes a gross receipt for insurance agents?  This would affect commissions.

          Agents can’t increase their commissions when their taxes increase.

          Beyer wants legislators to understand how this type of tax would affect insurance sales and carriers.

    HB 2005:  Pay Equity (anyone in a protected class cannot be paid less based on their class)

          Version that passed the House was terrible for employers.

          Senate version is being reworked extensively, the compromise is slightly better.

          NFIB opposes.

          Beyer expects it to pass.

          Ability to sue will not start until 2022 to help employers getting in to compliance.

          Important! 91 days after signed it is illegal to ask candidates what their previous compensation levels were. Comes from a recent ruling of 9th Circuit Court noting employers cannot base future compensation on past compensation.

     

    HB 2858 (bad faith and second lawsuit for insurance)

          Two Public Hearings held

    Health- Lisa Lettenmaier

          Oregon: Waiting for the May 15 deadline for the carriers to post their information/rates.

          National Level:  House passed AHCA, and people are getting worked up about it, even though it still has to go to the Senate.

          Open enrollment will be Nov 1 - Dec 15.

          Medicare plan timeline:  Oct 15- Dec 7.

          Unclear if IRS will impose ACA penalties this year.

    Hagemann said 7:45 a.m. at Jake’s May 11 he will listen to Schrader. Members welcome to join.

    Adjourned at 9:50 a.m.

    Next Meeting: Wednesday, June 14, 2017, 9 a.m.,

    Dial in: 1-503-210-2091, Conference Bridge 2, Code: 6931


    Last modified: 11 May 2017 4:47 PM | Mary Louise VanNatta, CAE (Administrator)

Address: PO Box 2881, Salem, OR 97308 ● Phone: 503-371-7457 ● Fax: 503-585-8547 ● Email: Office@naifaoregon.org

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