The Centers for Medicare & Medicaid Services is wrapping up work on the medical loss ratio reporting form and rebate program for the 2013 reporting year.

Carriers will have to use form CMS-10418 later this year to see if they have to send enrollees MLR rebates.

The Patient Protection and Affordable Care Act forces carriers to spend at least 85 percent of large group revenue and 80 percent of individual policy and small-group revenue on health care and quality improvement efforts.

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Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.