HHS Secretary Price is Forced Out - How Insurance Agents Will Be Impacted
Insurance agents finally had Health and Human Services Secretary that was a friend of our industry, and had the potential to serve as a champion for us in Washington. We rejoiced when President Trump chose Tom Price, a former doctor and Congressman, in January. The party didn't last long.
While speculation that he was forced out not because of his abuse of power by using the widely-reported $500,000 worth of private jet travel--but because he wasn't able to help the President repeal Obamacare. Either way, he's gone.
We now wait for the new appointee. Speculation that CMS head, Seema Vera, is a the front runner, that would put the role of leading CMS into play too. Those of us (ok just me) that are from Indiana and female, are a little excited about Ms. Vema...but how she regards insurance agents is not known.
The past administration was decidedly not pro-agent!
The democrats were no friend to the independent insurance agents. President Obama explicitly called agents "unnecessary overhead" while running for re election.
Navigators are highly-paid and lightly-trained pseudo agents who have no license or E&O coverage. Navigators displaced insurance agents and the common belief is that the republicans are more supportive to insurance agents.