Podcast Center
Video Center
Webcasts
Resource Center
Events
May 02, 2012 at 09:57 AM
The head of the Texas Association of Health Underwriters (TAHU) has put out a statement arguing the early medical loss ratio (MLR) rebate estimates support the argument that high administrative costs are only a small part of the U.S. health care cost problem.
Joanna Antongiovanni, president of TAHU, Dallas, released the statement in response to an MLR rebate estimate report from analysts at the Henry J. Kaiser Family Foundation, Menlo Park, Calif.
The Kaiser analysts are predicting that 3 million U.S. health insurance customers will split about $1.3 billion in health insurance MLR rebates.
An employer who receives a rebate might get back an average of just $127 for each covered employee, Antongiovanni says, citing the Kaiser analysis.
The rebate would be small change compared with the typical annual premium of $5,400 for employee-only coverage and $15,100 for family coverage, Antongiovanni says.
Drafters of the Patient Protection and Affordable Care Act of 2010 (PPACA) included the minimum MLR provision in PPACA in an effort to make sure health insurance policyholders were getting good value for their money.
