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A medical loss ratio is:
A. The amount the insurance company has to pay out on a claim
B. The percentage of insurance premium dollars spent on clinical services and quality improvement
C. Reasonable if it is 25-30%
D. The accidental loss of a surgical instrument in a patient
Answer: B. The percentage of insurance premium dollars spent on clinical services and quality improvement
The above question A medical loss ratio is:, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
