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Panel Says Most Health Insurers Need to Boost Medical Outlays
The Wall Street Journal; subscription may be required ![]() Apr. 16, 2010 Excerpt: Most of the big publicly traded insurance companies spend less on medical care than the new health law will require of them, says a report issued today by the Senate Commerce Committee. The committee, chaired by West Virginia's John D. Rockefeller IV, has spent almost a year digesting data on each insurer's medical-loss ratio, a metric closely watch by state regulators and Wall Street of how much health plans spend on benefits versus administrative expenses and profits. |
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