Under the Affordable Care Act,if a health insurer does not meet the minimum medical loss ratio requirement,the insurer must

Question

Quizplus · Accepted Answer

If a health insurer does not meet the minimum medical loss ratio requirement, the insurer must issue rebates to the people the insurer covered. The medical loss ratio requirement under the Affordable Care Act mandates that insurers spend at least 80-85% of the collected premiums on medical care and healthcare quality improvement. If the spent amount is less than that, the insurer is required to issue a rebate to their consumers.

Under the Affordable Care Act,if a Health Insurer Does Not