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Reporting Minimum Loss Ratios under Health Reform
Wolters Kluwer Law & Business Link to more items from this source
Apr. 20, 2010
Excerpt: So what's included in Sec. 10101(f) of the Affordable Care Act, concerning minimum loss ratios? Health insurers offering group or individual insurance coverage must submit an annual report to the Department of Health and Human Services for each group and individual coverage for each medical plan year. This report must describe the ratio of the incurred claims plus a loss adjustment expense to earned premiums, typically called a medical loss ratio.

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