Roll Call: Latest News on Capitol Hill, Congress, Politics and Elections
August 31, 2015

$330 Million in Premium Rebate Checks Are Coming

The Department of Health and Human Services today highlights one of the dividends stemming from the 2010 health care overhaul. HHS this morning announced the tally of this year’s consumer health insurance premium rebates.

The health care law requires insurance companies to spend at least 80 percent of the premium dollars they collect on patient care or rebate the difference back to individuals. The calculation of the medical loss ratio began in 2011 and rebate checks were first issued in 2012.

CQ HealthBeat reported (subscription) that HHS estimates 6.8 million consumers will receive refunds next month totaling $330 million.

A separate HHS report released today estimates that insurance company efficiencies enticed by the MLR formula saved consumers $3.8 billion on premium payments.

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  1. Yonatan YONATAN

    July 25, 2014
    7:46 p.m.

    There are STILL three million unemployed workers, with families , who are STILL without an unemployment extension of benefits, since last December. While the republican senate vigorously fought on behalf of the Koch Brother’s oil pipeline bill to be passed, they totally ignored and delayed the passing of the unemployment extension bill , that would have greatly helped millions of these families living in financial ruin and poverty. Our government recently passed an foreign aid bill for the Ukraine, worth Billions of tax payer dollars. There is also a bill to pass a 2.6 BILLION dollar bill for the thousands of migrant children pouring into our country on a daily basis, customs or our defense. Why is it so difficult for our government to help our own citizens right here in our own country? Why is there no money to help these unemployed families who lost their benefits seven months ago, and are still struggling to survive ever since? How can the republicans refuse to help Americans, but give our money away like it belongs to themselves? These Americans are in desperate need, and can not be ignored anymore. Even our own veterans matter little to our government. Look at their healthcare they have received. We treat illegal migrants better than our veterans..

    • Bonnie

      July 27, 2014
      7:49 p.m.

      I wholeheartedly concur!!! Whatever happened to ‘charity begins at home’??!!

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