OPEN ACCESS: All - Edward Davies
- 1New York
US consumers saw nearly $1.5bn (£0.9bn; €1.2bn) in insurance rebates and overhead cost savings in 2011 because of the medical loss ratio provision in the Affordable Care Act.
The figure comes from a new Commonwealth Fund report into the requirement, which demands that health insurers spend at least 80% of their income from health insurance premiums on treatment of patients or on quality …
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