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All-payer System

A type of health care system in which everyone - government, insurance company, or individual - pays the same amount for the same services, also known as Multiple Payer Systems. It should be noted that this does not reflect current U.S. health care policy.

Medical Loss Ratio (MLR)

The percentage of health insurance premium dollars an insurer spends on reimbursement for clinical services and activities to improve health care quality. The Affordable Care…