The Patient Protection and Affordable Care Act requires carriers offering coverage to individuals and families (not purchased on their behalf by an employer) to spend 80 percent of premium on medical claims or other costs related to health care quality. These medical loss ratio provisions took effect in January of this year and has created [...]
Source: http://alankatz.wordpress.com/2011/03/15/maine-gains-three-year-waiver-from-medical-loss-ratio-target/
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