Mark Farrah Associates Assessed the 2017 Medical Loss Ratio and Rebates Results
- For 2017, lower MLRs resulting from increased profitability overall, led to
$709 million in reimbursements to customers, equating to approximately$119 per benefiting family. - For 2017,
California led the country with over$97 million in total MLR rebates paid to customers, a significant increase from$17 million in 2016. - 2017 MLR rebates paid for the Individual segment were
$132 million which is .17% of the$77 billion collected in premiums. - MLR Rebates for the
Small Group segment were$311 million , or .44% of the$71.2 billion in premiums collected in this segment. - Rebates for the
$220.2 billion Large Group segment were$266 million .
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Ann Marie Wolfe, [email protected]
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