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That's a meaningless cap because you can decrease profits at will by increasing inefficiency and unnecessary costs inside the company.
by jjav 4y ago
That's a meaningless cap because you can decrease profits at will by increasing inefficiency and unnecessary costs inside the company.
- coredog64 4y agoIt’s called medical loss ratio (MLR), and insurers are required by law to spend 80-90% of premiums on medical care. They can get there by overpaying for care or by refunding money/charging less. But they can’t get there with increased internal administration spending.