We will be receiving a Medical Loss Ratio (MLR) Rebate check soon and I'm not sure what accounts to use/set up since part of these funds will have to go to our employees. Our company pays the major portion of each employee's premium, but some have family coverage which they pay for in full.

Also, we have received a COVID-19 credit from our medical insurer. From what I've read it should go back proportionally to our employees like the MLR rebate. Again, what accounts should I use/set up?

I also know we need to be concerned with the tax ramifications on both.

Thanks for any help.