Search
 

NAIC Adopts Final MLR Regulations

NAIC issues medical loss ratio guidelines.

By Joan E. Collier, Joan E. Collier | Updated on October 24, 2010

During its Fall 2010 National Meeting in Orlando, the National Association of Insurance Commissioners (NAIC) voted to adopt a model regulation containing definitions and methodologies for calculating medical loss ratios. The Patient Protection and Affordable Care Act (PPACA) signed into law on March 23 requires that insurance companies meet new medical loss ratios beginning in 2011. The law also required that NAIC provide recommendations for definitions and calculations of these ratios to the federal Health and Human Services agency by Dec. 31.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.