Department of Health and Human Services (HHS), announces Medical Loss Ratio Rule for Health Insuance Colorado

The Department of Health and Human Services (HHS) just issued its last Medical Loss Ratio direct, and the conclusion does not bode well for the broker/agent community. In the ruling HHS has turned down the NAIC recommendation to omit broker/agent charges from protection companies’ permitted administrative costs. Under the direct starting this year, one-by-one and little assembly market protection designs will be needed to spend…