A Senate bill introduced Friday as a companion to legislation in the House that would exclude agent compensation from the Medical Loss Ratio formula has industry organizations optimistic about a permanent fix.

The National Association of Health Underwriters, Independent Insurance Agents & Brokers of America, National Association of Insurance Agents and Financial Advisors and other industry organizations applaud Sens. Mary Landrieu (D-LA), Johnny Isakson (R-GA), Ben Nelson (D-NE) and Lisa Murkowski (R-AK) for introducing the bipartisan proposal, S. 2068.

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