NU Online News Service, Oct. 14, 2:52 p.m. EDT
WASHINGTON—An insurance broker testified before Congress that certain provisions of the healthcare-reform law are raising healthcare costs, creating uncertainty among employers, and costing agents and brokers industry jobs.
Dennis Donahue of Wells Fargo Insurance Services USA Inc. specifically voiced concern about the grandfathering and medical-loss-ratio (MLR) provisions of the law, the Patient Protection and Affordable Care Act (PPACA).
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