Article Publication Date:
The Centers for Medicare & Medicaid Services (CMS) published a new report that shows the premium rebate record since 2011. The Affordable Care Act requires that health insurance companies spend a minimum of 80% of premium dollars on health care, resulting in $2.4 billion in consumer rebates since 2011. CMS' results indicate that consumers are receiving a higher value for their premium dollars as a result of the Medical Loss Ratio (MLR), 80/20 rule.
Programs/Initiatives:Affordable Care Act (ACA)
Centers for Medicare and Medicaid Services
7500 Security Blvd.
Baltimore, MD 21244
Short URL: http://www.advancingstates.org/node/67126