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  • Medicare Advantage is good policy for SC seniors

    17 Mar 2023 10:43 AM | Addie Thompson (Administrator)

    I am continually proud of South Carolina’s senators for the leadership they show in Washington on issues that are important to their constituents. Through my work as a national committeeman, I have had the opportunity to get to know these gentlemen and see their work firsthand.

    That is why I am thankful to Sens. Tim Scott and Lindsay Graham for leading on issues surrounding senior health care and pushing policies that offer affordable, accessible options to our aging community. Last month, Scott emerged as a lead signer on a bipartisan senate letter calling on the Biden Administration to continue supporting Medicare Advantage. Graham also supported and signed this same letter. This is exactly the kind of leadership that our senators should be focused on.

    Medicare Advantage is an increasingly popular program for seniors, offering them health care coverage that is tailored to their needs at a low cost. Nationwide, over 30 million Americans choose to be enrolled in a Medicare Advantage plan, including over 450,000 South Carolinians. The program gives seniors access to a variety of great benefits, including capping out-of-pocket costs and expanded in-home care coverage, all under one plan.

    Read more at: https://www.thestate.com/opinion/article272951480.html#storylink=cpy


  • NAIC’s President’s Award Renamed to Honor South Carolina Insurance Director Ray Farmer

    21 Dec 2021 4:29 PM | Addie Thompson (Administrator)

    During the National Association of Insurance Commissioners’ (NAIC) opening session to its 233rd National Meeting, NAIC President and Commissioner of Florida’s Department of Insurance, David Altmaier, recognized South Carolina Department of Insurance Director, and NAIC Immediate Past President, Ray Farmer, with the NAIC President’s Award for Distinguished NAIC Leadership (President’s Award).

    The President’s Award is given at the discretion of the current NAIC President and honors an NAIC member who has shown exemplary leadership; has a sustained length of industry service; and who has contributed to advancing the mission of the NAIC.

    “Director Farmer has displayed exceptional leadership at the NAIC as he navigated the organization through a global pandemic, spearheaded the Special Committee on Race and Insurance, and served on the leadership teams for climate and resiliency, technology, data, privacy and cybersecurity task forces, as well as several other priority initiatives,” said NAIC President and Florida Insurance Commissioner, David Altmaier.

    Following the presentation of the President’s Award, NAIC President Altmaier, announced that the NAIC President’s Award would be renamed in Director Farmer’s honor.

    “It was the unanimous opinion of the NAIC officers that leadership examples such as the ones Director Farmer set for all of us and has displayed during his 53 years of industry service, are truly profiles in courage that should be memorialized well beyond handing out this award. Today, I proclaimed that the President’s Award be renamed the Raymond G. Farmer Award for Exceptional Leadership, and it is the award to be presented for exceptional NAIC Leadership from this day forward,” said Altmaier.

    The NAIC President’s Award was first awarded at the 2008 Fall National Meeting to Commissioner, Jim Long. Other recipients include Commissioner Alfred Gross (2010); Commissioner, Sandy Praeger (2014); Superintendent, Joseph Torti III (2015); and Commissioner, Roger Sevigny (2017).

    About the National Association of Insurance Commissioners

    As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.


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