Approximately 1.9 Million Californians will receive or should have already received MLR (Medical Loss Ratio) rebates from their Dept of Insurance-registered health insurance plans. Not all plans nor all members were entitled to a rebate from the 2011 medical plan. Overall per carrier rebates are as follows:
Blue Shield of California Life & Health - $10.8 million dollar rebate to policyholders in the individual & family market. Applies to approximately 239,595 subscribers. $45.15 average rebate per subscriber.
Anthem Blue Cross Life & Health - $1.3 million dollar rebate to policyholders in the individual & family market. Applies to 407, 429 subscribers. $3.16 average rebate per subscriber.
Kaiser Permanente Insurance Company - $277,034 dollar rebate to policyholders in the individual & family market. Applies to 21,823 subscribers. $12.69 average rebate per subscriber.
Aetna Life Insurance Company - $1.3 million dollar rebate to policyholders in the individual & family market. Applies to 84,428 subscribers. $40.50 average rebate per subscriber.
PacifiCare Life & Health Insurance Company - $789,615 dollar rebate to policyholders in the individual & family market. Applies to 63,600 subscribers. $12.42 average rebate per subscriber.
Connecticut General Life Insurance Company (Cigna) - Not subject to MLR in the individual & family health market. No rebates to any subscribers.
Dave
www.davefluker.com
For specific health insurance information, please use the link above to go to my main web site.
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