Although the National Association of Insurance Commissioners on July 12 tabled their support of H.R. 1206, a bill that would exclude insurance agents’ compensation from the medical loss ratio equation, “there’s a lot of work still to be done on this issue and we look forward to our continuing work with the NAIC, HHS and Congress to find a suitable solution,” says Brianne Mallaghan, director of communications for The Council of Insurance Agents & Brokers.
Just two weeks earlier the National Association of Health Underwriters commended the decision of an NAIC broker task force on June 30 to endorse the bill introduced in the House by Reps. Mike Rogers (R-Mich.) and John Barrow (D-Ga.).