HHS rejects looser insurance rules in two states
HHS denied Kansas’s and Oklahoma’s requests to soften the healthcare law’s medical loss ratio (MLR) provisions. The law requires insurers selling policies to individuals to spend 80 percent of their premiums on medical costs, with the remaining 20 percent for profit and administrative costs.
Source: The Hill (Wednesday January 4, 2012)
Permalink: http://thehill.com/blogs/healthwatch/health-reform-implementation/202363-hhs-rejects-looser-insurance-rules-in-two-states?wpisrc=nl_wonk
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