BluesMarketplace – Reform News

Help us collect important customer surveys for medical loss ratio
The deadline is June 19 for group customers to submit their completed surveys to Blue Cross Blue Shield of Michigan and Blue Care Network.

We’ll begin mailing our annual medical loss ratio surveys on May 18 to approximately 5,000 fully insured customers in the small and middle group markets. In the surveys, we’re asking group customers to tell us the average number of employees they had in the 2014 calendar year. This count must include all active (non-retiree) employees, including their part-time and seasonal workers.

How you can help
To support our efforts, we’re asking you to reach out to your customers to make sure they return their surveys by June 19. We’re encouraging groups to complete the survey online at bcbsm.com/rbtsurvey. Or they can fill out a form, and fax, email or mail it to us.

More information about the medical loss ratio
The Affordable Care Act requires health insurance carriers to report their medical loss ratio each year. There are significant federal penalties for insurers and employers that do not comply with the law, including a penalty of $100 per responsible entity each day per violation for each individual.

We’ve developed a frequently asked questions document to help you answer questions you may have regarding the medical loss ratio provision of the ACA.

For questions about the survey, email acadatacollection@bcbsm.com.