Tag:
Administrative Expenses
Latest Headlines
Latest Headlines
MLR causing premium drops, broker fee cuts
Despite decreasing premiums and cutting brokers' fees in an attempt to meet the new medical-loss ratio (MLR) requirements, most insurers still had MLRs that exceeded the law's limits, a new report
Bill would exclude agent commissions from MLR
Reps. Mike Rogers (R-Mich.) and John Barrow( D-Ga.) have introduced a bill that could keep agent commissions out of medical-loss ratio calculations. Rogers and Barrow lined up 14 cosponsors for the
Insurance agents, brokers shouldn't be except from MLR
Sen. Jay Rockefeller (D-W. Va.) has joined a growing number of people calling on the nation's insurance commissioners to oppose draft legislation that would exempt insurance agents from new
Costs shrink for Medicaid plans
The administrative costs for Medicaid plans nationwide dropped 5.2 percent per member per month in 2009, significantly greater than the 1.4 percent decline in 2008, according to a new survey by
Blue Cross Blue Shield plans kept administrative costs in check in 2009
Administrative expenses for Blue Cross Blue Shield plans dipped to 9.7 percent of premiums in 2009 compared with 9.9 percent in 2008, according to a new study by Gwynedd, Pa.-based Sherlock Co. After
