Medical Cost Ratio MCR

Medical Cost Ratio (MCR)

Medical cost ratio (MCR) is a ratio calculated by the formula of dividing total medical expenses paid by an insurer by the total insurance premiums it collected.
GEHA Insurance

GEHA Insurance: Government Employees Health Association

GEHA (Government Employees Health Association) is a self-insured, not-for-profit association providing medical and dental plans to federal employees and retirees and their families through the Federal Employees Health Benefits (FEHB) program and the Federal Employees Dental and Vision Insurance Program (FEDVIP). GEHA.
Type of Health Insurance Plan in US

Types of Health Insurance Plans

There are many types of health insurance plans, including: Individual health insurance: This plan provides medical coverage for the policyholder.  Family floater plan: Also known as family health insurance, this plan covers…