The individual insurance market’s financial performance remained stable in the first nine months of 2019, despite the repeal of the individual mandate tax penalty, according to a recent analysis by the Kaiser Family Foundation. The individual market medical loss ratio (MLR) has improved in recent years and averaged 75% throughout the third quarter of 2019. Average gross margins per member per month, however, slightly declined to $131.17 from $146.13 in 2018. Average monthly premiums went up 1.7% from 2018 to 2019, while per person claims grew 6.7%.

0

0

0 Comments

0

0

• Health Plan Weekly