California medical insurance companies may soon refund money to their customers because of the minimum “Medical Loss Ratio” requirements of the new Federal Health Insurance Law, PPACA. Insurance companies have notified employers that they must return a portion of the refund to their employees. Read more in this article entitled Medical Loss Ratio – Guidance for California Small Businesses.
MLR Rebates: Employers Must Share with Employees
About the Author: Bruce Jugan
Bruce is an expert in group medical insurance and employee benefits for small to mid-sized companies. He's been a licensed agent/broker since 1993. Bruce has written all of the content for BenefitsCafe.com and helps employers: - select medical plans; - communicate information to employees; - stay in compliance with various rules and regulations; and with his staff, - solves benefits-related problems that may arise.