Given what we have discussed during this week, apply what you know to some issues that relate to health insurance markets since passage of the Affordable Care Act and expansion of some managed care options in those markets. What happens to actuarially fair premiums? What about the loading charge? Do consumer preferences for risk change? How? What about employers and employee plans? Also, think about the 80% Medical Loss Ratio limitation. Does that impact the market and if so, how?

Answer rating: 100% (QA)

1 Actuarially fair premiums are those premiums which are paid equally to the risk factor or equal to ... View the full answer