Archive for April 15th, 2013

The Coming Clash over Insurers’ Compliance with Obamacare »

The Affordable Care Act requires health insurance plans to spend at least 85 percent of their premium income on medical care and no more than 20 percent on “administrative costs”—the portion of insurance premiums that are not spent on medical care.[1] Here’s one immediate problem: no one knows how to define “administration.” Just as…
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