Horizon Blue Cross Blue Shield of New Jersey Sends Over $70 Million in Rebates to Individual, Small Group Members
The rebate is due, in part, to Horizon's work with doctors, hospitals and pharmacies to control medical costs and in compliance with medical loss ratio (MLR) requirements established by State law. Those MLR standards ensure that health insurance companies spend at least 80% of premium dollars on claims. The rebate checks are based on annual determinations.
"
In the Small Market Groups, 31,000 rebate checks totaling about
About
[Category: HealthRX]
MSTRUCK-5703326 MSTRUCK
Nearly Half of Employers View Employer Mandate as Top Health Care Concern Going into 2017
Investment Company Reporting Modernization
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News