Are You Getting a Health Insurance Premium Rebate?
Back in April, I mentioned that some of us might be getting rebates from our health insurance companies because of The Affordable Care Act’s provision that required health insurance companies to spend at least 80 to 85 percent of health insurance premium dollars on actual medical care, and not on administrative costs. If they didn’t do that, they would be required to give customers the difference.
It looks like I’ll be getting some money back, and I’m curious to know if others have been receiving letters as well. I’m not sure how much the check will be, but I’ll be sure to post it once I receive it in the mail. It could be pennies, or tens of dollars—who knows! To be continued.