MLR Rebates and FAQ’s

Thursday, April 12th, 2012

Even though people are unsure when they would be receiving their MLR rebate or how much, or little, they might be receiving, the Internal Revenue Service has updated their frequently asked questions on PPACA’s MLR rebate requirements.

Tom Swayne’s Cap Conference Update for Day 3

Thursday, January 26th, 2012

Wednesday turned out to be even better than the previous two days. The quality of the panelists and speakers was extremely impressive. Two speakers stood out: Steve Larsen, Deputy Administrator and Director of the Center for Consumer Information and Insurance Oversight, (CCIIO), Center for Medicare and Medicaid Services (CMS), U.S. Department of Health and Human Services, and John Boehner, Speaker of the U.S. House of Representatives, Representative (R-OH). The fact that NAHU was able to hear the Speaker of the House on the morning after the State of the Union address is a testament to the influence and recognition our association now has in Washington.

Legislation Sponsored to Remove Commission from MLR

Thursday, April 7th, 2011

It’s hard to believe The Patient Protection and Affordable Care Act (PPACA) is already a year old! Many things have changed in the past year and the way agents and brokers are doing business is changing as well. One issue that has probably hit home for most agents is the impact of the Medical Loss Ratio (MLR) on commissions.

How Medical Loss Ratios Are Affecting You

Monday, January 17th, 2011

As a health insurance agent, the Medical Loss Ratio (MLR) verbiage in the new health reform legislation may have the largest impact on your business. Agents are beginning to see the effects of MLRs as commission letters inform agents of pay cuts. The Medical Loss Ratio is the percentage of premiums insurers use for medical costs versus the amount that goes to paying administrative overhead.