The Medical Loss Ratio (MLR) bill is back in the Senate after a long hiatus, or death, as some might say, in committee last year.
Sens. Mary Landrieu, D-La., Johnny Isakson, R-Ga., Mark Begich, D-Alaska, and Lisa Murkowski, R-Alaska, reintroduced late Thursday a bipartisan proposal written to preserve the role of health insurance agents and brokers. The senators are expected to have a statement later today.
The bill is called the Access to Independent Health Insurance Advisors Act of 2013. It is awaiting a number assignment. Last year, current NAIC CEO and past senator, Ben Nelson, D-Neb., was a co-sponsor.
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Elizabeth Festa
Elizabeth Festa is a longtime business and financial services reporter with a specialty in insurance regulatory and legislative coverage at the federal and state level. She is based in Washington, D.C.
