$323 Million in Rebates
It was announced that the sum total of all MLR rebates for 2011 will be about $323 million.
Based on the total insured population, that means that the average rebate is less than $2 a person.
While MLR limits are generally seen as a good thing for employers, one has to wonder if as much has been spent creating these regulations, trying to understand the regulations and fighting the regulations as has been saved.