Published in Hospital Business Week, July 20th, 2008
On June 18, 2008, Coventry revised its earning outlook downwards as a result of lower than previously expected results in Private Fee For Service (PFFS) and commercial group risk product. Coventry expects the 2008 Medicare Advantage medical loss ratio (MLR) to be between 85.5% and 85.9%, an increase of approximately 300 to 340 basis points from the prior estimate. The driver of this...
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