Arkansas consumers and businesses are owed more than $7.1 million from health insurers because those companies collected too much in premiums last year than what they spent on medical care, according to federal officials. The rebates were triggered by the …
Nearly 20,000 Maine customers of health insurer Aetna are getting premium rebates because a provision in the Affordable Care Act limits what insurance companies can spend on administrative costs. The rebates for 2013 service, totaling more than $1.8 million, will …
When it comes to the 2012 presidential election, insurance agents have, as industry insiders like to say, “skin in the game.” In addition to being concerned with how the overall economy will perform under either a re-elected President Barack Obama …
A House subcommittee has advanced a bill that would exclude agency commissions from the formula that limits how much health insurers can spend on administrative and other non-medical costs. The U.S. House of Representatives Committee on Energy and Commerce Subcommittee …
More than 81,000 Ohio families will be getting health insurance rebates this summer that will total $11.3 million across the state, a newspaper reported. The average refund will be $139, but some of the 81,500 families will receive hundreds of …
The Obama administration has announced that 300,000 Illinoisans will benefit from nearly $62 million in rebates from insurance companies because of the federal health law that critics have labeled “Obamacare.” The law requires insurance companies to spend at least 80 …
U.S. health insurance companies are due to pay out $1.1 billion in rebates to employers and individuals this summer, under a new industry regulation imposed by President Barack Obama’s health care law, the administration said on Thursday. But whether the …
More than 3 million health insurance policyholders and thousands of employers will share $1.3 billion in rebates this year, thanks to President Barack Obama’s health care law, according to a nonpartisan research group. The rebates should average $127 for the …
Arkansas has clarified that it will retain the current statutory definition of a small employer as being one that retains 2 to 50 employees for purposes of small group health insurance issues. The Arkansas Insurance Department made the distinction, however, …
The U.S. Department of Health and Human Services is going overtime as it decides whether to stick with federal standards that could mean $12 million in rebates for more than 58,000 North Carolina residents who buy their own health insurance. …
