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Local insurance brokers split on impact of ACA

October 16, 2013 • Local News

Tess Townsend
Record Staff Writer

Local insurance brokers held a panel to pool information and hash out frustrations with upcoming health care reforms Wednesday, as part of a meeting held at Peppers Bar and Grill by the New Mexico branch of the National Association of Insurance and Financial Advisers (NAIFA).

The panel was composed of Roswell-based health insurance agents Sonny Espinoza, Renee Swickard and Nicole McWilliams. Swickard and McWilliams work together at Swickard Agency Inc. Not all agents present were members of NAIFA.

Attendees were split in how they viewed the initial impact of the Affordable Care Act, a set of health care reforms that go into effect nationally in January. The law includes a mandate that almost all individuals in the United States enroll in health insurance by March 31.

“I think there’s going to be very few people that this is going to be beneficial for,” said Swickard.
Bobby Villegas, an agent for Farmers Insurance, countered the frustrations of other brokers by saying that it was too soon to know how the law would ultimately affect the insurance market.

“Everyone is on the bandwagon of ‘let’s bash it, let’s destroy it,’” he said. “We’re in the construction phase.”

He used as a metaphor the construction of a highway: While the highway is being constructed, traffic is slow. When it is complete, driving is Login to read more

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