The industry better be careful about what they ask for. I am not a fan of excluding producer comp from the MLR for the reasons stated below.
CCIIO lets insurers exclude some producer comp from MLR calculations | LifeHealthPro
Lorenz lists seven conditions that insurers and producers must meet if insurers want to exclude producer comp payments from MLR earned premium.
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CCIIO lets insurers exclude some producer comp from MLR calculations | LifeHealthPro
Lorenz lists seven conditions that insurers and producers must meet if insurers want to exclude producer comp payments from MLR earned premium.
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