Media Advisory: NAIFA White Paper Examines the Injury Carried out to Wellbeing Insurance plan Pros and Their Customers by the Well being Treatment Regulation?s MLR Rule

Falls Church, VA (PRWEB) August 03, 2011

NAIFA has released a new white paper – No Top quality on Worth: The Well being Treatment Regulation?s Clinical Reduction Ratio Brings Risky Implications for Customers and the Agents Who Serve Them – which explores unintended consequences of a Department of Health and Human Providers rule that requires health insurance coverage firms to commit 80 to 85 % of their earnings from rates on medical expenses and good quality advancements.

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The paper attributes initial-hand accounts by wellness insurance brokers of how the MLR rule has broken their businesses, decreased their capability to present consumer support, and harmed customers. For case in point, much more than one in 10 agents surveyed say they have stopped promoting and servicing wellbeing care policies for men and women, and nearly thirty percent foresee getting to do so. Between the brokers profiled in the white paper is Ed Anderson of Edina, Mo., who mentioned, ?I cannot visualize what the harm of the MLR has been to agents nationwide. We?ve lost beneficial individuals due to the fact of this.?

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In addition to interviews with brokers, the white paper cites academic analysis, government studies and industry scientific tests as proof of the devastating affect of the MLR. The paper concludes with a suggestion for HHS to reconsider the dangerous rule and support for congressional action to provide a remedy.

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The white paper is available nowadays on the NAIFA site. NAIFA leaders are available for additional comment on subjects elevated in the paper.

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Go to NAIFA’s Press Middle at http://www.naifa.org/newsevents.

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September 9, 2011Permalink Leave a comment