Passage of landmark health care reform legislation last March is forcing participants in the insurance industry, especially agents, to mobilize in efforts to secure changes to the legislation that ensure they have a role in the industry going forward.
Efforts will focus on three battles, according to property and casualty insurance underwriter and agent/broker trade groups, reacting to the law, known as the Patient Protection and Affordable Care Act.
o Repealing a provision that requires any business to file a separate 1099 form with the Internal Revenue Service for expenditures paid to a single vendor totaling $600 or more during any year. The provision goes into effect in 2012.
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