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Friend to Independent Agents, Mary Landrieu Loses Senate Seat

A good friend to professional independent insurance agents, Louisiana Sen. Mary Landrieu (D), lost her bid for re-election in a runoff over the weekend...
December 11, 2014

A good friend to professional independent insurance agents, Louisiana Sen. Mary Landrieu (D), lost her bid for re-election in a runoff over the weekend. Landrieu, who finished first polling 42% in a crowded field in the November 4 general election, was defeated on December 6 by Rep. Bill Cassidy (R). Landrieu was abandoned by the Democratic Party after she failed to win outright in the general election.

Sen. Landrieu has been a leader in support of agents. She introduced a bill, the Access to Independent Health Insurance Advisors Act (S.650), to exempt agent and broker commissions from the calculation of medical loss ratios (MLRs) in health insurance policies sold under the Affordable Care Act (ACA), saying, "I firmly believe that agent compensation should not be included in the MLR calculation."

She was also a key player in getting language inserted into the ACA affirming that independent agents and brokers could sell policies offered through the program. Prior to that, federal officials had wanted to ban all agent and broker participation.

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