Category Employee Benefits

Medicare Part D Notice Deadline 2023

medicare part d

The annual Medicare Part D disclosure notices have a deadline of October 15, 2023. Annual Medicare Part D Notices Medicare Part D imposes disclosure requirements on employers with group health plans that provide prescription drug coverage to Medicare-eligible individuals. Plan…

Medical Loss Ratio and MLR Rebates

Photo of a group of co-workers in a meeting.

What is Medical Loss Ratio (MLR)? Medical Loss Ratio (MLR) is the percent of premiums an insurance company spends on member care, claims, and administrative expenses that improve health care quality.   What is the Medical Loss Ratio (MLR) rebate?…