Insurance commissioners back away from supporting broker bill

The measure, which is sponsored by Rep. Mike Rogers, R-Mich., and is currently pending in Congress, would exempt insurance agents' commissions from the health law's limits on what companies can view as administrative costs.

The Hill: Insurance Commissioners Table Rogers Bill On Agents
State insurance regulators won't vote any time soon on whether to endorse a bill that would exempt insurance agents from part of health care reform. A task force of the National Association of Insurance Commissioners recently recommended endorsing the bill, sponsored by Rep. Mike Rogers (R-Mich.), that would carve out agents' and brokers' commissions from a section of the new law that limits how much insurance companies can spend on administrative costs (Baker, 7/12).

Kaiser Health News' Capsules: Insurance Commissioners Back Away From Broker Bill
Brokers hoping that the nation's top insurance regulators would endorse a controversial bill now pending in Congress had their hopes dimmed Tuesday. "We're looking for solutions other than changing federal law," said Kevin McCarty, Florida's insurance commissioner (Appleby, 7/12).