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Medical Loss Ratio Rebate Checks
- Published on Wed | 07 Dec 2011
Insurance company rebate checks for employers are starting to arrive by mail, leaving employers puzzled. On December 7, 2011, the Department of Health and Human Services (HHS) issued final rules on the calculation and payment of medical loss ratio (MLR) rebates to health insurance policyholders. Employer’s must use precise methods to determine how much of the rebate checks are to be refunded to both active and terminated employees. Additionally, the taxation of the checks must be processed in a strict manner. For assistance with processing MLR Rebate Checks and for more information contact AmCheck.