EPISODE SUMMARY
Medical Loss Ratio (MLR) rebate checks must be returned to employers when the health insurance issuer spent less than 80-85% of premium dollars in the prior year on medical care and health care quality improvement.
EPISODE NOTES
Employers are often unsure what to do with them, or aren’t aware that the DOL has issued guidance to help plan sponsors decide how to handle their rebate. Listen in to a conversation between our Compliance Director and our ERISA attorney that will help explain employers’ options.