Insurance rebates seen as selling point for health law
from The New York Times
The federal healthcare law requires insurers to give out annual rebates by Aug. 1, starting this year, if less than 80 percent of the premium dollars they collect go toward medical care. For insurers covering large employers, the threshold is 85 percent. As a result, insurers will pay out $1.1 billion in 2012, according to the Department of Health and Human Services, although most of it will not go to individuals. The average rebate will be $151 per household, with the highest in Vermont, Alaska and Alabama.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063