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Senate Bill Offering Scaled-Down MLR Exemption Introduced

Revised legislation that narrows the proposed exemption of agent commissions from the healthcare reform law’s Medical Loss Ratio has been introduced in the Senate
February 7, 2012

Revised legislation that narrows the proposed exemption of agent commissions from the healthcare reform law’s Medical Loss Ratio has been introduced in the Senate. The National Association of Health Underwriters (NAHU) is backing the new bill, which will be a scaled-down version of the Professional Health Insurance Advisors Act of 2011 (H.R. 1206). It limits the carve-out from the MLR provision to health premiums for individual and small groups. Commissions on large groups would not be exempt. The revised bill will also not exempt bonuses paid by insurance companies to agents. The bill (S. 2068) was introduced by Sen. Mary Landrieu (D-La.) and Sen. Johnny Isakson (R-Ga.) as sponsors.

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