A GAO report released this week purports to demonstrate that early indicators show that the new medical loss ratio (MLR) standards mandated in the Patient Protection and Affordable Care Act would have worked for most insurers in 2010.
However, the individual market is one where high commissions continue to exist, according to the report.
Insurers in the individual market still averaged higher nonclaims expenses, including expenses for brokers' commissions and fees, than those in other markets, the GAO report found.
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