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…
Schwab, Jefferies and Citi are among other companies offering COVID-19 relief.
Groups and carriers say that they have to help make change happen.
“There remains a tremendous amount of work to do here in the Twin Cities” to fight racism, RBC says.
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