When It Comes To Patients With Short-Term ‘Junk’ Plans, Insurers Aren’t Spending Much On Medical Care

The "loss ratios" can be as low as 9 cents for medical care for every dollar in premiums. "Compared to comprehensive plans that have to comply with the ACA's rules, short-term plans' coverage limitations often result in carriers paying out far fewer claims, or paying pennies on the dollar," said Rachel Schwab, a research associate at Georgetown University's Center on Health Insurance Reforms.

from Kaiser Health News https://ift.tt/2YZUK6h