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Exclusive: US Consumers May Be Misled About How Much Insurers Actually Spend on Medical Care, Report Suggests

Summary by thedailybs.com
Some health insurers may be misleading consumers about how much they are actually spending on medical care, a new Insurance Watchdog Coalition report first obtained by The Daily Caller News Foundation suggests. Medicare Advantage (MA) plans reported a Medical Loss Ratio (MLR) of nearly 90% in 2023, according to IWC’s report. Per their own filings, medical and prescription-drug claims comprised 82.5% of insurers’ total revenue, below the 85% fede…

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Bizpac Review broke the news in West Palm Beach, United States on Thursday, September 17, 2026.
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