Industry organizations agree it was a disappointment when at its fall meeting in late October the National Association of Insurance Commissioners decided to keep agent commissions on the administrative side of the medical loss ratio blanks – particularly when it appeared the organizations had enough votes to ensure passage of a resolution that would have encouraged the Department of Health and Human Services to accommodate producer compensation in MLR regulations.
“We certainly were disappointed,” says John Prible, vice president of federal government affairs, Independent Insurance Agents & Brokers of America. “We would have liked to see a vote on the amendment since by all appearances we had enough votes to carry the day.”
