What’s up with the ACA’s Medical Loss Ratio rules?
One lesser known provision of the Affordable Care Act is that it regulates insurers medical loss ratios (MLRs). What are MLRs? Does this matter? A research paper by Karaca-Mandic, Abraham and Simon (2013) examines the question. They explain the ACA’s MLR requirement as follows. One provision that has gained considerable attention is the establishment of…