Wednesday, November 11, 2020

Insurers will owe massive MLR rebates next year, even if 2020 is normal

Insurers will owe massive MLR rebates next year, even if 2020 is normal

Insurers owe consumers $2.5 billion in medical loss ratio rebates in 2020, an increase of more than $1 billion over last year. But the big payouts will probably continue, even if COVID-19 cuts into insurers' profits.

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