A Huffington Post reporter looked at the Patient Protection and Affordable Care Act (PPACA) minimum medical loss ratio (MLR) analysis that we covered yesterday. Jeffrey Young noticed that buyers of individual health insurance enjoyed a total of $603 million in rebates and overhead reductions – but that individual health operating losses amounted to 1.2 percent of each premium dollar. Young included the researchers’ warning that insurers might not be too interested in selling more individual health coverage if they keep losing money on the product…
The United State is not near the top of this list.
President Trump's trade war with China isn't helping.
Audit rates plunged 54% for those with AGIs of $10 million or more and 46% for those earning between $5 million and just under $10 million.
Sponsored by Fidelity Investments
Get insights into the mindset that’s driving today’s advisors to make a move--and help realize their unique business vision.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.