The California Office of Administrative Law is letting California Insurance Commissioner Dave Jones apply an 80% minimum medical loss ratio (MLR) requirement to the individual health insurance market.
California Insurance Commissioner Dave Jones says the state's Office of Administrative Law (OAL) has approved an emergency regulation authorizing him to impose an 80% medical loss ratio (MLR) in the individual health care insurance market.
The OAL ruling gives Jones legal authority to enforce the 80% MLR standard in California, even if Congress prevents the U.S. Department of Health and Human Services from putting that ratio into effect, Jones says.
"I will be watching very closely to make sure health insurers comply," Jones says in a statement.