Guidance on Plan Asset Implications of Medical Loss Ratio Rebates | Practical Law
On December 2, 2011, the US Department of Health and Human Services (HHS) issued final regulations regarding the medical loss ratio (MLR) requirements under health care reform. The MLR provisions require health insurers to provide rebates to enrollees if certain amounts are not spent on medical care. On this same date, the DOL also issued Technical Release 2011-04, which provides related guidance regarding whether the rebates are considered plan assets under ERISA.