CBO: Excluding broker fees from MLR would cost $1B

A bill amending the health reform law's medical-loss ratio provision to prevent insurers from counting agent fees as administrative fees, would cost the federal government roughly $1 billion between 2013 and 2022. It also would increase the budget deficit by about $531 million between 2013 and 2017, according to a Congressional Budget Office analysis. The legislation--H.R. 1206--which passed the House Energy & Commerce Committee's Health Subcommittee in September, also would simplify the process for states to obtain waivers for some MLR requirements, reported The Hill's Healthwatch. Article

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