Report: Health care law rebates to to...

Report: Health care law rebates to top $1B

There are 1 comment on the CBS News story from Apr 26, 2012, titled Report: Health care law rebates to top $1B. In it, CBS News reports that:

WASHINGTON — A new report finds that insurance companies will have to return more than $1 billion this year to consumers and employers to meet a requirement in President Barack Obama's overhaul.

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“your life is great”

Since: Aug 09

you poop in clean water

#1 Apr 26, 2012
The law requires insurers to spend at least 80 percent of the premiums they collect on medical care and quality improvements — or issue rebates to policyholders.

The insurance industry says consumers should take little comfort from the rebates. The companies expect premiums to go up overall as a result of new benefits and other requirements.


except that premiums will be capped under the new law, based on your AGI.
so all of you that paid your premiums all year, but never had to go to the doctor should get out your paychecks and tally up how much you paid into the system and call your healthcare provider to verify your refund.

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