Friday, March 23, 2012

Quote of the Day

“Growth margins [for health plans] are being limited by medical loss ratio requirements, so all the plans are looking more aggressively at the need to expand [into new lines of business]. It’s definitely picking up with the Affordable Care Act and what’s transpiring there.”
— Henry Loubet, vice president and chief strategy officer at Keenan, a California-based consulting and insurance brokerage firm, told AIS’s Health Plan Week.

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