Filed Under:Health Insurance, Individual Health

HHS: $1.1 Billion in MLR Rebates to Go to 13 Million Consumers

HHS says consumers will get a $1.1 billion of the premium pie. (AP Photo/Larry Crowe)
HHS says consumers will get a $1.1 billion of the premium pie. (AP Photo/Larry Crowe)

U.S. health insurers could end up paying about $1.1 billion in minimum medical loss ratio (MLR) rebates to 13 million plan members, according to officials at the U.S. Department of Health and Human Services. 

HHS officials give the MLR rebate payment projections in a report on how the rebate program is going.

Analysts at the Commonwealth Fund, New York, had estimated, based on financial reports for 2010, that insurers might end up owing $2 billion in MLR rebates.

Kaiser analysts came closer to the mark. They estimated the payout might total about $1.3 billion.

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Nichole Morford

Nichole Morford
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