Note: This should not be taken as tax or legal advice.
Health and Human Services (HHS) issued interim final rules regarding the Medical Loss Ratio (MLR) calculations required by the Affordable Care Act. The rules include agent and broker commissions as part of the costs in the MLR calculation and do not allow for commissions to be excluded from the MLR calculation.
The interim rules are effective on January 1, 2011, but HHS is seeking comments on the regulation and will issue further guidance and a final rule later this year.
The interim rules allow states to seek waivers from the MLR requirements.
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Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. PeopleKeep, Inc., does not sell health insurance.