# Innovation Health Plan, Inc. — Medical Loss Ratio & rebates (Virginia, 2024) — context brief

Medical Loss Ratio and rebate outcomes for Innovation Health Plan, Inc. (parent group: CVS Health Group, as reported) in Virginia, 2024 MLR reporting year, by market: individual 89.4%, small group 94.8%, large group 82.1%. Owed $720,758 in rebates. RECORDED CMS-published MLR / standard / premium / rebate; rebate-as-%-of-premium is DERIVED. A spending ratio across the whole book in a market — not plan quality or advice. CC0.

Claims (warrant · source), each re-fetchable to verify:

- **Innovation Health Plan, Inc. spent 89.4% of individual premiums on care in VA (2024)** — RECORDED · CMS — Medical Loss Ratio (MLR) Public Use File, 2024 reporting year (https://www.cms.gov/marketplace/private-health-insurance/medical-loss-ratio)
- **Innovation Health Plan, Inc. spent 94.8% of small group premiums on care in VA (2024)** — RECORDED · CMS — Medical Loss Ratio (MLR) Public Use File, 2024 reporting year (https://www.cms.gov/marketplace/private-health-insurance/medical-loss-ratio)
- **Innovation Health Plan, Inc. spent 82.1% of large group premiums on care in VA (2024) → $720,758 rebate** — RECORDED · CMS — Medical Loss Ratio (MLR) Public Use File, 2024 reporting year (https://www.cms.gov/marketplace/private-health-insurance/medical-loss-ratio)
- **What a Medical Loss Ratio is — and is NOT** — INTERPRETATION · Coverage Atlas L5 boundary (a book-level spending ratio ≠ plan quality) (https://coverage-atlas.ryanjhunter.workers.dev/)

Do not take these on trust — re-fetch each named source. Full structured object: `https://coverage-atlas.ryanjhunter.workers.dev/coverage/mlr/86443-va.jsonld` · anatomy of the research object: see /commons/the-research-object

**Medical Loss Ratio by market — Innovation Health Plan, Inc. (Virginia, 2024)** (3): Individual — 89.4% — 80% — yes — $140,347,111 — $0 — — — RECORDED; Small group — 94.8% — 80% — yes — $4,446,421 — $0 — — — RECORDED; Large group — 82.1% — 85% — no — $24,874,634 — $720,758 — ≈$186 — RECORDED…