The House of Representatives has revived an effort to separate broker commissions from a medical loss ratio formula created by the Affordable Care Act, by introducing legislation many in the industry feel would correct an oversight in the law that has led to decreased agent compensation.
Reps. Billy Long (R-Missouri) and Kurt Schrader (D-Oregon) on Monday introduced the Access to Professional Health Insurance Advisors Act of 2015. The bill would clarify that agent compensation is not part of the MLR formula as enacted in the ACA.
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