A consumer advocate group wants to be part of an insurance-industry discussion on whether to exempt broker and agent compensation from a health reform law that aims to cut wasteful insurer spending.
The group, Consumer Watchdog, is rallying members to demand that state insurance commissioners reject a resolution that removes producer compensation from medical loss ratio (MLR) calculation.
The MLR rule, enacted under the Affordable Care Act, requires insurers to spend 80 to 85 percent of revenue on health care and quality improvement efforts.
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