A House panel plans to act on and report out to the House floor soon legislation that would exempt agent commissions from the Medical Loss Ratio (MLR) provision of the healthcare reform law.
Reliable sources said the House Energy and Commerce Committee will take up the bill shortly after it returns from its Easter/Passover recess on April 16.
The action is likely timed to synch with the Washington meeting of the Independent Insurance Agents and Brokers (IIAB), which starts on April 24.
A spokesman for the E&C panel said that, “We don’t have a timeline for mark-up yet.”
The bill is H.R. 1206, the Access to Professional Health Insurance Advisors Act of 2011.