The Importance of Medical Loss Ratio Minimum Requirements
Posted 01/24/17
By the C|C Whistleblower Lawyer Team
We’ve covered Medical Loss Ratio (MLR) minimum requirements before. The MLR is, generally, the percentage of premium revenues an insurer spends on clinical services and quality improvements as opposed to on things like executive salaries, overhead, or marketing. Requiring a minimum MLR standard, something that the Federal Medicare Program does and several State Medicaid...