Consumer groups for decades have criticized and wondered how much money health insurance companies actually spend on medical care. Under the health care reform law, they will actually come closer to knowing thanks to the so-called medical-loss ratio provisions of the legislation. Host Bruce Japsen talks with Washington and Lee University School of Law health reform expert Timothy Jost about the impact medical-loss ratio rules will have on physicians and their patients.
The Impact of the Medical-Loss Ratio
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Consumer groups for decades have criticized and wondered how much money health insurance companies actually spend on medical care. Under the health care reform law, they will actually come closer to knowing thanks to the so-called medical-loss ratio provisions of the legislation. Host Bruce Japsen talks with Washington and Lee University School of Law health reform expert Timothy Jost about the impact medical-loss ratio rules will have on physicians and their patients.
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