Wednesday, June 22, 2011

Medical Loss Ratio

Where Nevadans go to Enroll

June 22, 2011

Medical Loss Ratio – this is a new law and requirement with health care reform. What this means is that Group insurance by law is required to spend 85% of every dollar collected on a medical claim, and 80% of every dollar collected on an Individual policy. This is a very big deal. The larger health insurance company’s were right around 70% MLR before this bill, so ultimately, what I can see is writing on the wall that people will start to lose their jobs, and other jobs will start to get outsourced to stay within that MLR of 80-85%.



As always, if you have questions, we are here to help. You can call us at (702) 898-0554 or visit us online:  http://nevadainsuranceenrollment.com/

Thank you for considering Nevada Insurance Enrollment Marketplace for your health insurance needs.

Sincerely,

Shelly Rogers
Nevada Insurance Enrollment Marketplace
Licensed Agent #560016


Phone: (702) 898-0554
Toll Free:  1 (888) 600-0554

E-mail:   Shelly@NevadaInsuranceEnrollment.com
Visit our website for more great information:  http://nevadainsuranceenrollment.com/





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