| Employers with fully insured health plans that receive MLR rebates | Employers that receive rebates should consider their legal options for using the rebate. Any rebate amount must be used for the exclusive benefit of the plan’s participants and beneficiaries within 3 months of receiving the rebate to avoid ERISA trust requirements. | Penalty for each violation is $100 per entity, per day, per individual affected by the violation. |
211 Boulevard of the Americas,
Suite 407, Lakewood, NJ 08701
50 Division Street, Suite 501
Sommerville NJ 08876
2 University Plaza Dr #100,
Hackensack, NJ 07601
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