Adviser representatives were encouraged by recognition of their role in employee benefits delivery, as a bill allowing for the exclusion of commissions from health reform’s medical loss ratio calculations moved forward in late September.
Passage of the Access to Professional Health Insurance Advisors Act, by a 26-14 vote in the House Energy and Commerce Committee, protects broker revenue from the MLR provision of the Patient Protection and Affordable Care Act. Moreover, it shows that Congress understands “what our people do for a living. That’s pretty important and will serve us in a lot of ways,” says Janet Trautwein, CEO of the National Association of Health Underwriters.
