Definitions for "Medical Loss Ratio"
Keywords:  hmos, spent, mlrs, cqi, concomitantly
The difference between premiums collected and claims paid out.
The percentage of total revenue that a health plan spends on medical care.
Cost of care provided as a ratio between the cost to deliver medical care and the premiums paid to the plan. This ratio does not include costs for quality-related activities such as CQI. Also known as the Medical Cost Ratio (MCR).