The Thorny Medical Loss Ratio Issue

June 10, 2010

One of the provisions of the health care reform legislation is a requirement for a minimum medical loss ratio (MLR) for every health insurance plan. Essentially the MLR for a health plan is the percentage of total health insurance premium dollars spent on the cost of health care. As stated on the government website healthreform.gov, "Section 2718 of the PHS Act requires health insurance issuers offering individual or group coverage to submit annual reports to the Secretary on the . . .