An employer sponsoring an insured group health plan may receive a rebate from its carrier under the new minimum loss ratio (MLR) rules included in the Patient Protection and Affordable Care Act (PPACA, or health reform).

If your health plan has one or more insured health plan options, your organization will likely want to maximize the rebate it may be entitled to receive relative to the premiums the employer contributed during the year. Newly published Department of Labor (DOL) Technical Release 2011-04 (December 2, 2011) offers useful insight about achieving this objective through the use of a simple plan amendment.

Advance planning can maximize the rebate, while simultaneously protecting the employer from compliance missteps.

Download HUB's Client Bulletin to learn more.