Rules Eased for Some Health Plans

The Administration offices for Obama have loosened the rules for empty health-insurance policies in the wake of complaints from employers. The action marked one of the administration biggest steps to peel back regulations that big business found onerous under health-care overhaul. Their are close to 1.4 million Americans are covered under mini to medium plans. Beginning in 2011 insurance companies must spend at lease 80% of premium dollars on medical care and quality improvement activities. This figure, know as the medical loss ratio, is 85% for insurers in the large - group market./