(That percentage is the medical loss ratio).
It concerned something called the medical loss ratio, or M.L.R.
This is above previous medical loss ratio estimates of 81.3percentand82.3percentcent.
The medical loss ratio compares what an insurer earns in premiums with what it pays out in benefits.
Dan McGinnity, a spokesman, said that the company watched its loss ratio for Renaissance over 27 months before acting.
The percentage of premiums spent on medical claims is known in industry jargon as the "medical loss ratio".
Perhaps the reason Medicare's loss ratio is so high, he says, is that Medicare never says no to anything.
The Orwellian "medical loss ratio," the money actually spent on health care, drops.
This "medical loss ratio" could be a boon to consumers, as Congress intended.
As they discussed various insurance industry terms, Mr. Greenberg wagged his finger at Mr. Nachman and, referring to a certain loss ratio, said magisterially, "that's the key number".
The Medicare program, for example, has a spectacularly high loss ratio: it pays out something like ninety-seven cents in benefits for every dollar it takes in.
