Insurers Back MLR Tweak That Cuts New Entrants' Rebates To Consumers

Key health insurance groups praise CMS for proposing a tweak to the medical loss ratio policy that the agency estimates could reduce the total amount of rebates insurers owe consumers by $11.6 million over four years. CMS, in its draft 2018 Notice of Benefit and Payment Parameters, revealed it was considering letting insurers use a four-year average MLR instead of the current three-year approach, which would give less weight to low MLRs in the first year of a newly issued...