Health Exchange Alert Weekly Report - 06/24/2020

CMS Says Insurers Can Send MLR Rebates Out Prior To September Due Date

By Amy Lotven / June 18, 2020 at 2:22 PM
CMS says insurers can pay out 2019 medical loss ratio (MLR) rebates in the form of premium relief -- or lump-sum payments -- prior to the September due date or even the newly extended deadline for filing MLR data, now set for Aug. 17. Several insurers recently offered enrollees premium relief as part of their overall COVID-19 response. In guidance issued June 12 , CMS says it is offering the flexibility to let insurers pre-pay a portion or all of...

Not a subscriber? Sign up for 30 days free access to exclusive, detailed reporting on drug pricing reforms, Medicaid policy, FDA news and much more.