Approximately 100 Assured SRA clients and other friends gathered at the Kansas City Carriage Club on Friday, March 3 to hear from special guest speaker Joel Wood. Wood is senior vice president, government affairs for The Council of Insurance Agents and Brokers. The Council represents 80 of the top 100 insurance firms including Assured Partners and Wood heads its lobbying and government affairs segment.
Wood’s presentation was entitled “Trump, Congressional Chaos: The Consequences of the Benefits Agenda.” He detailed the changes coming in healthcare policy with the new Trump Administration. He described how employment-based coverage is still by far the dominant means of health insurance in the U.S. and the uncertainty about what might happen with proposals to repeal and replace the Affordable Care Act.
He explained that several options exist including buying across state borders, a higher tax on the one percent of wealthiest Americans, tax deductible premiums and others. He also described the contentious state of government discourse in Washington and how that issue was complicating the reform picture.