ACLI blasts D.C. PPACA exchange assessment

The board has developed a new regulation draft that calls for excluding liability insurance, Medicare Part D coverage and Federal Employees Dental and Vision Insurance Program coverage, but makes no direct mention of products such as disability insurance or LTCI. In the draft, the board classifies “excepted benefits” as “health insurance carrier risks” that would be part of the assessment program.

Joann Waiters, a regional vice president at the ACLI, says the ACLI has 237 members licensed to do business in the District of Columbia.

The ACLI has already gone to the court to try to keep the D.C. exchange imposing a broad assessment.

See also: D.C. exchange wins court battle

“We continue to strongly object to any legislation and/or regulation that authorizes the exchange to assess a fee on products such as disability income insurance, long-term care insurance and other supplemental products that are not sold on the D.C. exchange,” Waiters writes in a new letter commenting on assessment regulation draft. “This objection is based on both federal statutory and constitutional grounds.”