Nearly 114K Michigan families to get health insurance rebate [Detroit Free Press]
|By Pat Anstett, Detroit Free Press|
|McClatchy-Tribune Information Services|
-- PDF: Report breaks down rebates by state
The 10 insurers that must pay rebates include the large
The information about health plan spending and rebates will be posted "in coming weeks" at www.healthcare.gov, said
The two-year-old Affordable Care Act, a law under challenge by 26 states, including
Consumers in individual and workplace plans owed rebates will get them one of several ways:
A check in the mail.
A reimbursement into the account they use to pay premiums by credit or debit cards.
A reduction in future premiums.
Rebates in some states were much higher. For example, average rebates will be
"Given the inherently unpredictable nature of health care costs and utilization, it's not surprising that
"We are continually improving our pricing so that we can continue to grow our business and avoid future rebates that add administrative costs and hassles for our members," her statement said.
An HHS media statement said that 62% of consumer insured in the individual market, 83% in the small business market and 89% in the large business market met the 80-20 rule that limited their administrative spending to accepted amounts.
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