State insurance regulators delayed for at least four weeks action on a resolution that would support the demand by insurance agents for an exemption from the medical loss ratio (MLR) provision of the health care reform law.
The National Association of Insurance Commissioners' Professional Health Insurance Advisors Task Force took the action late Sunday. The meeting was held as a prelude to the NAIC Spring Meeting, being held in Austin, Texas this week.
The panel decided to ask the NAIC staff to provide substantial data that it will use to decide whether to support the request by insurance agents, brokers and health insurance companies for a resolution backing House legislation that would exempt agent commissions from the MLR.
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