News Headlines Article

Health Care Reform Costs to Insurers May Exceed Forecasts
HC Pro

Compliance by health insurers with the medical loss ratio provisions in the new healthcare reform law, along with other reforms included in the White House’s “Patients’ Bill of Rights,” may cost those companies more than analysts have predicted, according to research from Weiss Ratings, which provides independent insurance company ratings.

Weiss reported that companies already complying in 2009 had average net profit margins of only 0.7%, while those not yet complying had average net margins of 6.3%—or nine times more.