Anthem generally issues Medical Loss Ratio (MLR) rebates by September 30. Due to the uncertain nature of the COVID-19 pandemic, Anthem plans to issue MLR rebates in August.
MLR is a provision of the Affordable Care Act based on a ratio of insurance claims costs to insurance premiums.
Included here is a chart from Anthem that explains the MLR payments, and shows who will receive MLR payments this year for Individual, Small Group, and Large Group plans, and by insurance company name and state.
Here is a link to a PDF you can download
If you have any questions please let us know. You can email, or call us at Hometown Insurance Professionals. We’re happy to help with any of your insurance needs.