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MLR bill will add $1 billion to deficit

H.R. 1206the bill that would exempt insurance agents commissions from the medical loss ratio calculationcould cost the federal government about $1.1 billion over the next decade, according to budget analysts at the Congressional Budget Office.

By Kathryn Mayer | Updated on November 08, 2012
Rep. Mike Rogers, R-Mich (AP Photo/Manuel Balce Ceneta)

H.R. 1206—the bill that would exempt insurance agents’ commissions from the medical loss ratio calculation—could cost the federal government about $1.1 billion over the next decade, according to budget analysts at the Congressional Budget Office.

The CBO on Wednesday estimated that enacting the bill would increase the budget deficit by $531 million between 2013-2017 and by about $1.1 billion between 2013-2022.

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