Loading chat...
ID HJM003
JM
AI Summary
-
Urges the U.S. Department of Health and Human Services to exclude health insurance agent and broker commissions from Medical Loss Ratio (MLR) calculations under the Patient Protection and Affordable Care Act
-
Contends that agent and broker commissions are pass-through fees paid by insurance purchasers and should not be counted as administrative expenses in MLR calculations
-
Expresses concern that including commissions in MLR calculations has forced insurance carriers to dramatically reduce commissions, threatening thousands of jobs in Idaho and potentially forcing agents and brokers to close their businesses
-
Encourages Congress to amend the Affordable Care Act to remove agent and broker commissions from MLR calculations to protect consumers and preserve employment
-
Directs the House Chief Clerk to send copies of this memorial to the President of the Senate, Speaker of the House, Idaho's congressional delegation, and Secretary of Health and Human Services Kathleen Sebelius
Legislative Description
Stating the findings of the Legislature urgently appealing to the U.S. Department of Health and Human Services to remove health insurance agent and broker commissions from the (MLR) calculation and strongly encouraging Congress to pass legislation that amends the Patient Protection and Affordable Care Act to remove agent and broker commissions from the MLR calculation to protect consumers and the potential loss of thousands of jobs in Idaho.
HEALTH INSURANCE AGENTS AND BROKER COMMISSIONS
Last Action
Delivered to Secretary of State on 03/25
3/28/2011