I'm surprised I didn't see this out on this forum. Can you believe it (well yes I can), that the HHS (Heavy Hand Sebullshiats) stepped in at the last minute and twisted NAIC's arms to include agents in MLR. More picking of winners & losers. You win, you lose, you win, you lose, you lose, you lose...agents lost
WASHINGTON BUREAU -- Federal officials worked behind the scenes to turn the National Association of Insurance Commissioners (NAIC) medical loss ratio (MLR) decision-making process against agents, according to leaders of the Independent Insurance Agents and Brokers of America (IIABA).
HHS officials played an active role as the deliberations on the NAIC recommendations came to a close during the organization’s Fall National Meeting in October,” Rusbuldt and Symington say. “Federal representatives reportedly weighed in on the matter
outside of the public eye, discouraged NAIC leaders from considering the popular and broadly supported amendment, and influenced what should have been an impartial and independent decision-making process among state insurance regulators. HHS officials never offered input or suggestions on this matter during the many weeks of public consideration or submitted comments in written form.”
http://www.lifeandhealthinsurancenews.com/News/2011/1/Pages/IIABA-HHS-Interfered-with-NAIC-Deliberations.aspx?page=1
WASHINGTON BUREAU -- Federal officials worked behind the scenes to turn the National Association of Insurance Commissioners (NAIC) medical loss ratio (MLR) decision-making process against agents, according to leaders of the Independent Insurance Agents and Brokers of America (IIABA).
HHS officials played an active role as the deliberations on the NAIC recommendations came to a close during the organization’s Fall National Meeting in October,” Rusbuldt and Symington say. “Federal representatives reportedly weighed in on the matter
outside of the public eye, discouraged NAIC leaders from considering the popular and broadly supported amendment, and influenced what should have been an impartial and independent decision-making process among state insurance regulators. HHS officials never offered input or suggestions on this matter during the many weeks of public consideration or submitted comments in written form.”
http://www.lifeandhealthinsurancenews.com/News/2011/1/Pages/IIABA-HHS-Interfered-with-NAIC-Deliberations.aspx?page=1