Medicare Advantage MLR Transparency Act
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Table of Contents
Representative Adrian Smith introduced this bill in the House. It would require Medicare Advantage plans to report more specific data regarding their Medical Loss Ratio (MLR).
Why it matters: This would change how private insurers report their spending data to the government, which could affect how regulators monitor profit margins in Medicare Advantage plans.
Who it affects
- Medicare Advantage insurance providers
This information comes from Congress.gov regarding a House bill; check the official text at Congress.gov before relying on it.
Agency: House
Source: Congress.gov — read the official document