KFF: Average Medical Loss Ratios in Insurance Markets Through September, 2020 vs. 2019

  1. Individual Market: 71% in 2020
  2. down from 75% in 2019
  3. Group Market: 81% in 2020
  4. down from 84% in 2019
  5. Medicare Advantage: 82% in 2020
  6. down from 86% in 2019
  7. Medicaid Managed Care: 85% in 2020
  8. down from 92% in 2019
Notes: Medical loss ratios are the share of premium income that insurers pay out in claims, without any modifications