HR 2833 · 111th Congress · Health
To require a minimum loss ratio for 90 percent for health insurance coverage offered through an insurance exchange.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Health.(2009-06-12)
Plain Language Summary
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Prohibits any health insurance coverage from being offered through a health insurance exchange unless the coverage is demonstrated to have a medical loss ratio (a ratio of medical expenses paid to premiums received) of at least 90%. Defines "health insurance exchange" to mean a mechanism established or recognized under federal law that provides a coordinated, centralized mechanism for offering for purchase to individuals health insurance coverage from more than one health insurance issuer.…
Summarized by Claude AI · Non-partisan · For informational purposes only