How medical loss ratios impact mini-med policies
It’s amazing how much trouble a couple of hundred inexpensive health insurance policies can cause. Up until recently, few people were aware of the existence of so-called mini-med policies. Marketed primarily by for-profit insurers Aetna and Cigna, they are designed…
It’s amazing how much trouble a couple of hundred inexpensive health insurance policies can cause.
Up until recently, few people were aware of the existence of so-called mini-med policies. Marketed primarily by for-profit insurers Aetna and Cigna, they are designed to provide bare-bones coverage to employees of low-wage low-margin service companies. Unlike other approaches to affordable insurance that emphasize catastrophic coverage, mini-meds typically keep premiums affordable (some as low as $15 …
How medical loss ratios impact mini-med policies
