The health care reform law includes a provision requiring insurers to meet minimum standards regarding medical loss ratios. Insurers who do not meet these standards are required to issue rebate checks to plan sponsors (i.e., employers). These employers are then required to pass along these rebates to employees who participate in the medical plan.
Self-insured plans, such as GuideStone's, are not subject to this provision.
Even though GuideStone is not subject to these requirements, GuideStone's self-funded church health plans already exceed the minimum standards regarding medical loss ratios. We remain committed to maintaining stable, high-quality plans and aggressively managing costs to deliver the best value to our participants.