“They have lower medical loss ratios…

On the Record   “They have lower medical loss ratios…they’re paying out a much lower share than would be required for an ACA plan. So even if they sit on the shelf with ACA plans, there’s every incentive for the salesperson to sell these plans instead of an ACA plan.”   —JoAnn Volk, co-founder of and research professor at the Georgetown University Center on Health Insurance Reforms, talked with AIS’s Health Plan Weekly about the FTC’s $100 million action against Benefytt Technologies’ fraudulent short-term health plans, and why similar schemes have become a common problem.

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