Proposed rule would set medical loss ratio for some Medicare plans

Profits and overhead costs for Medicare Advantage plans and the Medicare Prescription Drug Benefit Program would be limited to 15% under a rule proposed by the Centers for Medicare and Medicaid Services. The remaining 85% of such plan premiums would have to go toward medical expenses and other "d...

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This news summary appeared in NAIFA SmartBrief on 02/19/2013
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Hill, The

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