ObamaCare paying off? Oh, c'mon...
Health Insurers to Pay Rebates
By ANNA WILDE MATHEWS
WSJ
Health insurers are expected to give rebates of more than $1 billion to consumers and employers this year, under a provision of the federal health overhaul that forces them to offer refunds if they don't spend enough of the premium dollars they take in on health care.
An early picture of the effects of the requirement, one of the aspects of the health law that drew the most concern from the insurance industry, is emerging from new analyses based on estimates that insurers filed with state regulators.
The nonpartisan Kaiser Family Foundation, which calculated total rebates at $1.3 billion, says that around $426 million will go to people who bought their own health plans; $541 million will go to large employers; and $377 million to small businesses.
(More here.)
By ANNA WILDE MATHEWS
WSJ
Health insurers are expected to give rebates of more than $1 billion to consumers and employers this year, under a provision of the federal health overhaul that forces them to offer refunds if they don't spend enough of the premium dollars they take in on health care.An early picture of the effects of the requirement, one of the aspects of the health law that drew the most concern from the insurance industry, is emerging from new analyses based on estimates that insurers filed with state regulators.
The nonpartisan Kaiser Family Foundation, which calculated total rebates at $1.3 billion, says that around $426 million will go to people who bought their own health plans; $541 million will go to large employers; and $377 million to small businesses.
(More here.)
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