The company says it is protecting nursing home residents by curbing unnecessary hospital transfers. Whistleblowers allege cost-cutting tactics have endangered the elderly
Overall, the unweighted average loss ratio was 1.6% higher in Q2 2024 at 85.8% compared to Q2 2023 at 84.2%, as all carriers except Elevance increased year-over-year. The increases are: CVS Health (Aetna) (86.2% to 89.6%), UnitedHealthcare (83.2% to 85.1%), and Cigna (81.2% to 82.3%).
Your link explains how you are completely misunderstanding how everything works and explains the same things we telling you.
Go read what you linked until it sinks in.
Then tell me how the quote I gave you fails to align consistently with the range of MLR required by the law.
The novelty of your inability to understand basic concepts has lost its charm.
Your inability to bite the bullet and admit you didn’t know about the existence of that law is beyond apparent by this point.
You should really reflect on why that causes you such cognitive dissonance.
P R O J E C T I O N
So you can’t make a case against these stats and just downvoted them. Can’t say I’m surprised.
Please do reflect on why admitting you didn’t know a law causes you to be so hostile.