BRIEF-US Senator cautions on health insurer MLR spending ratios

WASHINGTON, May 10 (Reuters) - U.S. Senate Commerce Committee Chairman Senator John Rockefeller on Monday: * expressed concern that health insurers are trying to "water down" medical loss ratio (MLR) provisions called for in health reform law * sent letters to U.S. health secretary, National Association of Insurance Commissioners * said data shows many insurers already meet MLR requirements but not in all markets or insurance products * said insurers are focusing on two key areas: aggregating information "in a way that conceals important variations in the health insurance market" and classifying "as many expenses as possible" as medical costs * Rockefeller posted the letters on the committee's website at http://commerce.senate.gov (Company news desk in Washington; +1 202 898 8400, washington.newsroom@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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