A movement of the medical loss ratio from .6 to .8 indicates an
A) Increase in administrative cost per enrollee
B) Decrease in administrative cost per enrollee
C) No difference in administrative cost per enrollee
Correct Answer:
Verified
Q5: Commercial insurers who use a(n)_ rating can
Q6: Assume a high-risk person;has a 0.50 probability
Q7: Explain why insurance companies may be hesitant
Q8: Are high concentration ratios indicative of market
Q9: Assume a high-risk;person has a 0.50 probability
Q11: Blue Cross and Blue Shield uses
A)Experience rating
Q12: The Health Insurance Portability and Accountability Act
Q13: Explain why the use of community-rated premiums
Q14: Premiums based on experience ratings
A)Are uniform across
Q15: If the health insurance premium is equal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents