TITLE

Detail oriented

AUTHOR(S)
Vesely, Rebecca
PUB. DATE
May 2010
SOURCE
Modern Healthcare;5/24/2010, Vol. 40 Issue 21, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the need for the U.S. Department of Health and Human Services to clarify the medical loss-ratio provision of health reform law. The provision is designed to prevent insurance companies from overspending on administrative costs such as underwriting, claims processing and marketing. It requires insurers to spend at least 85 percent of subscriber premiums for medical cost in group coverage plans and at least 80 percent for individual plans.
ACCESSION #
51164651

 

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