Medical cost ratios for 7 national payers

Medical cost ratio, which measures how much of an insurer's revenue goes toward medical claims, is a number investors frequently scrutinize when analyzing an insurer's financial performance.

Here's the MCR — sometimes called medical loss ratio or benefit expense ratio — seven payers reported in the third quarter of fiscal year 2019, from highest to lowest:

1. WellCare Health Plans: 88.3 percent

2. Centene: 88.2 percent

3. Anthem: 87.2 percent

4. Molina Healthcare: 86.3 percent

5. Humana: 85.9 percent

6. UnitedHealth Group: 82.4 percent

7. Cigna: 80.5 percent

Click here to read what the payers' MCRs were in the second quarter of this year.

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