News & Articles

September 23, 2016

FEDERAL COMPLIANCE UPDATES
HANDLING OF MEDICAL LOSS RATIO REBATE CHECKS
The Affordable Care Act (“ACA”) requires health insurers to spend a minimum percentage of the premiums they collect every calendar year on health care services and certain quality improvements for enrolled members. This percentage, called the Medical Loss Ratio (“MLR”), is 85% for large groups over 50 employees and 80% for small groups under 50. Insurers are required to issue rebates no later than September 30 to enrolled me...

Please reload

Featured Posts

Benefits of Visiting your Doctor

May 1, 2019

1/10
Please reload

Recent Posts
Please reload