Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
New York City District Council of Carpenters Benefit Funds
|
Retirement Solutions Specialists
|
Fringe Benefit Group
|
Defined Contribution Account Manager Nova 401(k) Associates
|
Pollard & Associates
|
TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
|
Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
|
Defined Benefit Consultant/Enrolled Actuary Pension Plan Specialists, PC
|
Greenline Wealth Management
|
Great Lakes Pension Associates, Inc.
|
Retirement Planners and Administrators (RPA)
|
Senior Specialist 401k Recordkeeping T Bank N.A.
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Text of IRS PLR 201519030: Computation of Medical Loss Ratio under Section 833(c)( (PDF)
Internal Revenue Service [IRS] [Official Guidance] May 8, 2015
"[If] the organization's Section 833(c)(5) MLR computed on an aggregate basis is at least 85 percent, the organization will satisfy the Section 833(c)(5) MLR for the taxable year. If the organization's Section 833(c)(5) MLR computed on an aggregate basis is not at least 85 percent, the organization will not satisfy the Section 833(c)(5) MLR for the taxable year.... [T]he Section 2718 medical loss ratio is computed by market segment, but the Section 833(c)(5) MLR is computed on an aggregate basis. As a result, it is possible for an organization to be required to issue Section 2718 medical loss ratio rebates to enrollees by market segment for a reporting year, but on an aggregate basis satisfy the Section 833(c)(5) MLR for that taxable year.... [W]hether for a given taxable year an organization can include rebates issued to enrollees under Section 2718(b) with respect to a prior reporting year as an expense in computing its Section 833(c)(5) MLR depends on the HHS guidance in effect for that year."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |