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Text of CCIIO Technical Guidance 2012-004: Questions and Answers on the Medical Loss Ratio Reporting Requirements (PDF)
Center for Consumer Information & Insurance Oversight [CCIIO], Centers for Medicare & Medicaid Services [CMS], U.S. Department of Health and Human Services [HHS] 
[Official Guidance] May 31, 2012 Issued May 30, 2012. "[Question:] Will CMS grant extensions of the June 1, 2012 deadline for issuers to submit their MLR annual report or the August 1, 2012 deadline for issuers to provide rebates for the 2011 MLR reporting year? [Answer:] No. 45 CFR Section 158.110(b) establishes 'June 1 of the year following the end of an MLR reporting year' as the date by which an issuer must submit the MLR report, and 45 CFR Section 158.240(d) establishes 'August 1 following the end of the MLR reporting year' as the date by which an issuer must provide any rebate owing. Therefore, because the MLR regulation does not provide for extensions to either deadline, no extensions will be granted for these deadlines." MORE >> |
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