Wednesday, July 11, 2012

MLR Rebate Checks

A friend and fellow agent remarked he has a 20 life group that got a $600 rebate check.   

Today it has 20 employees.

A few weeks ago it had 19.

Before that 22.

This 20 life group has had over 30 employees come and go during 2011.

Now the employer has to figure out how to divide the rebate check, track down former employees, and mail them a check.

All because HHS Sebelius thinks this is a good idea to hold insurance carriers accountable for every penny they spend on administration.

Wonder how much it will cost that employer to allocate and send out 30 checks?

No comments:

Post a Comment