"The MLR issue hinges on the requirement within Obamacare that forces insurers to spend no more than 20 percent of each insurance premium on non-health care costs in the small group and individual market, and 15 percent in the large-employer market. Shorthand: It's basically a hard cap for insurers' profits, which is odd, not just because such a thing is fundamentally un-American, but because insurers are not very profitable to begin with -- averaging about 4 percent in profit."  MORE >>