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Employee Benefits

Insurer ACA rebates expected to total $1.1 billion in 2023: KFF

May 18, 2023 Reprints

Health insurers are expecting to issue a total of about $1.1 billion in medical loss ratio rebates across all commercial markets in 2023, according to preliminary estimates published May 17 by the Kaiser Family Foundation, reports Becker’s Payer Issues. The medical loss ratio provision of the Affordable Care Act limits how much payers can keep in premium income to use on administrative and marketing costs, or for profits. Rebates are sent back to members if the payer does not meet the threshold ratio required.

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Insurer ACA rebates expected to total $1.1 billion in 2023: KFF

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