The good news: Insurers will continue to have to spend over 80% of their premiums on patient care, or rebate the money to consumers, under the medical loss ratio (MLR) rules in the Affordable Care Act.
The DC-area meeting of the National Association of Insurance Commissioners came and went without a vote on a controversial proposal to weaken those consumer protections.
The bad news: Those who proposed to weaken the MLR rules, by exempting broker and agent commissions from the calculations, will come back again. Soon. So consumer advocates need to continue to be vigilant.
But until then, let’s continue to spotlight the benefit of this policy, and why it shouldn’t be undone.