Blue Cross of California has announced that they will issue all of their small group clients (i.e., employers with 2-50 employees) a one-time credit of 18% of the monthly health insurance premium. The credit will be based on active enrollment in the Blue Shield plan on July 31, 2012 and it will apply to the September 2012 bill. Unlike the MLR Rebates, this credit will be issued to employers and they can return portions of it to their employees or not. MLR rebates must be returned to employees commensurate with the employees’ contribution to the health plan premium.
Blue Shield of CA to give Small Groups 18% Refund September 2012
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.