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4 Million Individuals Could Get MLR Rebates This Year

4 Million Individuals Could Get MLR Rebates This Year

Published: June 10, 2022
The Kaiser Family Foundation has published two articles recently about the MLR rebates that will be sent out this fall. The first article, from June 1, explains that “insurance companies are expecting to pay out $1 billion in rebates to consumers this fall under” the ACA’s minimum Medical Loss Ratio provision, which requires individual and small group plans to spend 80% of the premium they collect on medical claims and large group plans to spend 85%. If they fall short of these numbers, the excess premium must be returned to their policyholders.
Read 4 Million Individuals Could Get MLR Rebates This Year
More Evidence You Should Be Selling Dental Insurance

More Evidence You Should Be Selling Dental Insurance

Published: May 27, 2022
A recent article from DentistryIQ reports on a new CareQuest Institute survey that concludes, among other things, that Americans are not getting the dental care they need. The survey, according to the article, “is the largest and most comprehensive of its kind, with more than 5,000 participants and 170 questions.”
Read More Evidence You Should Be Selling Dental Insurance
Like Everything Else, Drug Prices Are Increasing

Like Everything Else, Drug Prices Are Increasing

Published: May 13, 2022
You’ve probably well aware that inflation is the highest it’s been in decades. Some say this was to be expected since we’re coming out of a two-year pandemic. Others point to supply chain issues caused, in part, by Russia’s attack on Ukraine. Others blame the Biden administration’s economic policy. Still others point out the record profits that companies are making and say the price increases are driven by nothing more than corporate profits. Who knows – it could be a combination of all these factors.
Read Like Everything Else, Drug Prices Are Increasing

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