Medigap Insurance: Insurers' Compliance With Federal Minimum Loss Ratio Standards, 1988-91

HEHS-94-47 Published: Feb 07, 1994. Publicly Released: Feb 15, 1994.

Highlights

Pursuant to a congressional request and a legislative requirement, GAO reviewed the value of Medicare supplemental insurance (Medigap) through 1994 and Medigap compliance with federal loss ratio standards, focusing on: (1) Medigap insurers' loss ratio performance during 1990 and 1991; and (2) trends in company performance from 1989 through 1991.

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Topics

Health Care

Elderly personsHealth insurance cost controlInsurance companiesInsurance premiumsInsurance regulationLoss ratioReporting requirementsMedicareMedigap insuranceInsurance claims