health insurance rebates News

Health Insurers to Pay $500M in Rebates

U.S. insurers will pay $500 million in rebates to employers and individuals this summer because of President Barack Obama’s healthcare law, about half the amount they paid last year. The law, often called Obamacare, requires companies to refund customers when …

Health Insurers to Pay $62M in Rebates in Illinois

The Obama administration has announced that 300,000 Illinoisans will benefit from nearly $62 million in rebates from insurance companies because of the federal health law that critics have labeled “Obamacare.” The law requires insurance companies to spend at least 80 …

Health Insurers to Rebate $1.1 Billion

U.S. health insurance companies are due to pay out $1.1 billion in rebates to employers and individuals this summer, under a new industry regulation imposed by President Barack Obama’s health care law, the administration said on Thursday. But whether the …

Consumer Rebates Under Medical Loss Ratio Estimated to Be $1.3 Billion

More than 3 million health insurance policyholders and thousands of employers will share $1.3 billion in rebates this year, thanks to President Barack Obama’s health care law, according to a nonpartisan research group. The rebates should average $127 for the …

North Carolina Insurers Still Hoping for Medical Loss Ratio Waiver

The U.S. Department of Health and Human Services is going overtime as it decides whether to stick with federal standards that could mean $12 million in rebates for more than 58,000 North Carolina residents who buy their own health insurance. …