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$1 Billion In Rebates Coming Under ‘Obamacare’ [View all]
$1 Billion In Rebates Coming Under ‘Obamacare’
Under a provision in President Obama’s health reform law, health insurance companies are expected to rebate more than $1 billion to consumers and employers this year if they don’t spend enough of in premiums that they collect, reports the Wall Street Journal:
http://livewire.talkingpointsmemo.com/entries/1-billion-in-rebates-coming-under-obamacare
Under a provision in President Obama’s health reform law, health insurance companies are expected to rebate more than $1 billion to consumers and employers this year if they don’t spend enough of in premiums that they collect, reports the Wall Street Journal:
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.
In a separate analysis based on the same filings, Goldman Sachs analyst Matthew Borsch estimated the total rebates at around $1.2 billion.
In a separate analysis based on the same filings, Goldman Sachs analyst Matthew Borsch estimated the total rebates at around $1.2 billion.
http://livewire.talkingpointsmemo.com/entries/1-billion-in-rebates-coming-under-obamacare
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