Medical Loss Ratio is what it stands for, what it means is a little more complicated. The MLR is a percentage of insurance premium dollars spent specifically on claims reimbursements or medical expenses and activities that improve the quality of care. Insurance companies are required to meet an 80% ratio in the individual market. If your insurance company fails to meet this percentage, they must give you a refund of any premiums you have paid that exceed the Medical Loss Ratio.
PO Box 1270 Wimberley, TX, 78676
15577 RR 12 Wimberley, TX, 78676