WTf, Health Insurance Companies

glatt · 03-17-2017, 09:37 AM

One of the most beautiful things about Obamacare is the Medical Loss Ratio 80/20 rule.

Insurance companies have to spend at least 80 percent of premium dollars on claims and activities to improve health care quality. 85% in large group markets.

So sure, these CEOs are getting huge salaries, but patients as a whole are still required by law to get 80% of their premium money back in actual health care. The profits and overhead of the insurance companies are capped by federal law.

03-17-2017, 09:37 AM	#3
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	One of the most beautiful things about Obamacare is the Medical Loss Ratio 80/20 rule. Insurance companies have to spend at least 80 percent of premium dollars on claims and activities to improve health care quality. 85% in large group markets. So sure, these CEOs are getting huge salaries, but patients as a whole are still required by law to get 80% of their premium money back in actual health care. The profits and overhead of the insurance companies are capped by federal law.

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