Senate reintroduces MLR legislation
Senators Johnny Isakson (R-Ga.) and Chris Coons (D-Del.) are once again sponsoring a bipartisan bill to revise the Affordable Care Act’s medical loss ratio requirements. The Access to Independent Health Insurance Advisors Act, reintroduced Thursday, mirrors a bill in the House that specifically excludes agent and broker compensation from the medical loss ratio formula enacted in the ACA.
The pair previously introduced the legislation in June of 2015, where it did not move past committee.