PPACA Medical Loss Ratio Rebates Total $2 Billion Between 2011 & 2013
From 2011 through 2013, consumers have received a total of $2 billion in rebates from health insurers complying with the medical loss ratio (MLR) provisions of the Patient Protection and Affordable Care Act of 2010 (PPACA). A percentage of health insurers issued the rebates because their health plans failed to meet the MLR target of spending 80% to 85% of premiums on direct care services and quality improvement. MLR rebates by health plans that failed to meet the spending target declined between 2011 and 2013. MLR rebates in 2011 were more than $1 billion, $513 million in 2012, and $325 . . .
