The National Association of Insurance Commissioners' request for an exemption from the medical loss ratio provisions of the healthcare reform law for insurance agents has been rejected.
The Obama administration did so today through a final rule and interim final rule adopted by the Department of Health and Human Services implementing the MLR provision of the Patient Protection and Affordable Care Act.
It acted even though the NAIC narrowly adopted a resolution via conference call Nov. 22 asking HHS to take "whatever immediate actions are available" to release agents and brokers from medical MLR strictures enacted under the 2010 health care reform act.
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