[ad_1]
BOSTON — More than 350,000 Massachusetts health care consumers will be receiving rebates from several major private health insurers under a state law requiring them to spend a majority of premiums on medical services.
That’s according to the Healey administration, which recently announced that a review by the state Division of Insurance determined that five of the state’s health insurance carriers had medical loss ratios lower than the required threshold and must return $75.6 million to ratepayers.
kAm%9@D6 4@>A2?:6D 2C6 q=F6 rC@DD 2?5 q=F6 $9:6=5 @7 |2DD249FD6EED w|~ q=F6 x?4][ u2==@? r@>>F?:EJ w62=E9 !=2? x?4][ w2CG2C5 !:=8C:> w62=E9 r2C6 x?4][ |2DD v6?6C2= qC:892> w62=E9 !=2? x?4] 2?5 &?:E65w62=E942C6 x?DFC2?46 r@>A2?J[ 244@C5:?8 E@ E96 286?4J]k^Am
kAm“%96D6 C632E6D 2C6 >@C6 E92? ;FDE ?F>36CD – E96J’C6 5@==2CD 324< 😕 E96 A@4<6ED @7 72>:=:6D 2?5 D>2==3FD:?6DD @H?6CD 24C@DD E96 4@>>@?H62=E9[” s:G:D:@? @7 x?DFC2?46 r@>>:DD:@?6C |:4926= r2=;@FH D2:5 😕 2 DE2E6>6?E]k^Am
kAm“%96 6?7@C46>6?E @7 E9:D =2H 😀 A2CE @7 @FC =2C86C DEC2E68J @7 AC@E64E:?8 |2DD249FD6EED 962=E9 42C6 4@?DF>6CD 2?5 6?4@FC28:?8 :?DFC6CD E@ 36 >@C6 677:4:6?E[ C65F46 25>:?:DEC2E:G6 @G6C9625 2?5 7@4FD @? 4@DE67764E:G6 H2JD E@ 56=:G6C 42C6[” 96 D2:5]k^Am
kAm&?56C E96 7656C2= p77@C523=6 r2C6 p4E[ @H? 2D “~32>242C6[” AC:G2E6 :?DFC6CD 2C6 C6BF:C65 E@ DA6?5 2 46CE2:? A6C46?E286 @7 AC6>:F> A2J>6?ED @? >65:42= 42C6 2?5 962=E9 42C6 BF2=:EJ[ @H? 2D E96 >65:42= =@DD C2E:@]k^Am
kAm|2DD249FD6EED 92D E96 9:896DE DE2?52C5 😕 E96 4@F?ECJ[ C6BF:C:?8 ggT @7 AC6>:F>D E@ 36 DA6?E @? 962=E9 42C6 D6CG:46D 7@C :?5:G:5F2= 2?5 D>2== 8C@FAD 2?5 gdT 7@C =2C86 8C@FAD] %96 =2H 5@6D ?@E 2AA=J E@ D6=7:?DFC65 A=2?D]k^Am
kAm&?56C E96 =2H[ H96? 2? :?DFC6C’D 2G6C286 >65:42= =@DD C2E:@ @G6C 2 E9C66J62C A6C:@5 72==D 36=@H E96 C6BF:C65 E9C6D9@=5[ E96 4@>A2?J 😀 C6BF:C65 E@ C632E6 2 A@CE:@? @7 AC6>:F> A2J>6?ED E@ :?5:G:5F2=D 2?5 D>2== 6>A=@J6CD]k^Am
kAm%96 C632E6D 4@G6C 2 A@CE:@? @7 E96 5:776C6?46 36EH66? H92E E96 :?DFC2?46 42CC:6CD 492C865 😕 AC6>:F>D 2?5 H92E E96J 24EF2==J DA6?E @? 962=E9 42C6 4@DED] x?DFC6CD 42? :DDF6 E96 C632E6D 2D 2 4964< @C 2 4C65:E @? 7FEFC6 AC6>:F> A2J>6?ED]k^Am
kAm{2DE J62C[ :?DFC6CD H6C6 7@C465 E@ C67F?5 Sd`]e >:==:@? E@ 962=E9 42C6 4@?DF>6CD 27E6C DE2E6 C68F=2E@CD 56E6C>:?65 E96J 925 >65:42= =@DD C2E:@D 36=@H E96 C6BF:C65 E9C6D9@=5]k^Am
kAmr9C:DE:2? |] (256 4@G6CD E96 |2DD249FD6EED $E2E69@FD6 7@C }@CE9 @7 q@DE@? |65:2 vC@FAUCDBF@jD ?6HDA2A6CD 2?5 H63D:E6D] t>2:= 9:> 2E k2 9C67lQ>2:=E@i4H256o4?9:?6HD]4@>Qm4H256o4?9:?6HD]4@>k^2m]k^Am
[ad_2]
By Christian M. Wade | Statehouse Reporter
Source link