Transcription of MLR EXAMINATION REPORTING INSTRUCTIONS - …
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MLR EXAMINATION REPORTING INSTRUCTIONS - …
Updated March 2016 1 MLR EXAMINATION REPORTING INSTRUCTIONS Introduction Under the Patient Protection and Affordable Care Act, health insurers are subject to an audit/ EXAMINATION of their medical loss ratio (MLR) REPORTING and related rebate obligations. The Code of Federal Regulation (CFR), Title 45, Part , allows the Department of Health and Human Services (HHS) to accept the finding of a State s audit/ EXAMINATION provided certain criteria are met. ( ) This option is designed to increase efficiencies by allowing regulators already familiar with the insurer and their operations to perform the procedures. States completion of audit/ EXAMINATION procedures of insurers MLR REPORTING and rebate obligations and subsequent REPORTING to HHS is optional and should be determined by the individual State.
Once the procedures are completed, the report should be prepared using the sample language provided (Exhibit 2). This language is designed for …
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