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TX Strikes Out on MLR Waiver Request
The Centers for Medicare & Medicaid Services has rejected what has become a standard argument among waiver applicants, that the 80% medical loss ratio requirement would destabilize the state's individual market and cause insurers to withdraw.
It is no secret that Governor Perry is opposed to any idea introduced by Democrats. The Texas Medical Association has been trying for many years to get exactly this sort of transparency in the insurance industry. This legislation is a major good for all the people of Texas in giving them more information to help the free enterprise system work more efficiently and should be implemented without delay.