Minimum MLR definition
Minimum MLR means one and one-half (1.5) percentage points below the Target MLR outlined in the Contract Year 2021 capitation rate development report dated September 17, 2020 (“2021 Rate Development Report”) as shown below. This value will be reduced by up to an additional one-half (0.5) percentage point if certain quality measures described in Section
Minimum MLR means one and one-half (1.5) percentage points below the Target MLR outlined in the Contract Year 2021 capitation rate development report dated September 17, 2020 (“2021 Rate Development Report”) as shown below. This value will be reduced by up to an additional one-half (0.5) percentage point if certain quality measures described in section 7.13 are met or exceeded. The reduction will be the proportion of points obtained by the MCO for meeting quality measures to the total points possible times the one-half (0.5) percentage point.
Minimum MLR means one and one-half (1.5) percentage points below the Target MLR outlined in the Contract Year 2021 capitation rate development report dated