"What’s the MLR? It’s an acronym that really tells the whole story of for-profit health insurance. It’s the “medical loss ratio” — which for insurance company means the percentage of the premium dollar “lost” to actual medical care."
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Health Insurance Companies Shifting Costs To Protect Profits From New Law (via squashed)
See, this is why HMOs as profit-driven businesses don’t make much sense. Insurance ought to be pooled risk with some administrative charges, not a money-making venture.
