Employers with group health plans could soon receive a medical loss ratio (MLR) rebate from their health insurance carrier by September 30, 2023. Carriers that did not meet the applicable MLR percentage from 2022 must offer a rebate in the form of a premium credit or lump sum payment. Using …
Group health plans and health insurance issuers will be required to make an internet-based price comparison tool available to participants, beneficiaries, and enrollees for plan years beginning on or after January 1, 2023. The tool will be used to provide consumers with estimates of their cost-sharing liability from different providers …
