The failure of the National Assn. of Insurance Commissioners (NAIC) to support the recommendation to the Dept. of Health and Human Services (HHS) that agent compensation be removed from healthcare medical loss ratio (MLR) calculations has been followed by reports of health insurers cutting producer compensation.
The Washington, D.C., newspaper Politico, quoting documents it has obtained, reports that pay for health insurance brokers could be slashed by more than 50 percent in some cases because of new health reform rules. It cites documents from only two insurers, but PIA has received a number of member calls advising us of the same thing, and across many more than two carriers.
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