Medical Loss Ratio Rebate Update for 2013 Calendar Year

A provision of the Affordable Care Act (ACA), known as the medical loss ratio (MLR), requires medical insurance companies to issue rebates to policyholders if the insurance companies don’t spend a certain amount of their premium income on claims and quality improvements.

click here to find out more about what you can expect. Further information will be provided in late September to clients and Plan participants that are eligible to receive a rebate.