For major medical plans, sure. Short term plans (which are still unregulated and should not be allowed to use the term "health insurance") generally have MLRs i

For major medical plans, sure. Short term plans (which are still unregulated and should not be allowed to use the term "health insurance") generally have MLRs in the neighborhood of 50%. Also keep in mind, prior to ACA buying a major medical plan without through a large group required one to have no preexisting conditions. If you had one you were either denied or got an exception written into your policy that said they didn't have to cover anything related to that thing. That's one of the other major things that ACA did away with, and another reason premiums are higher.