The Compliance Team has updated a previously published ACA Advisor titled "MLR Rebate Considerations - Private Plans." The updated Advisor is available on AdEase as an email and Microsoft Word document
Some employers will start receiving medical loss ratio (MLR) rebate checks from insurers this summer because insurers must pay rebates by September 30, 2019, for the 2018 reporting year. Our previously-published Advisor, MLR Rebate Considerations – Private Plans, has been updated with the current reporting year dates. This is a great Q&A to help clients understand how the rebate must be divided, how an employer may use the rebate, whether former plan participants are entitled to a share in the rebate, and more.
You'll find this Advisor on AdEase under Compliance, and at the top of the list of All Compliance - by Date.
Log in to AdEase from the Wisdom Network to download this updated Advisor.
Questions? Contact Karen Hsu at khsu@ubabenefits.com with compliance questions.
If you need help with AdEase, contact Meg Cipar at support@ubabenefits.com
