Original source: https://www.wsj.com/articles/health-insurance-consumers-to-get-743-million-in-rebates-under-aca-rule-11568131882
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The amount, which will visit approximately 2.7 million consumers who purchased man health policies from insurance, will be over four times the amount paid out annually. The payout dwarfs $399 million in 2012, the next-highest total, the year of their refunds. Are expected to receive about $270 on average, but a few policyholders could become up to $2,000. The payments, that will often arrive in the kind of checks, must be shipped to consumers at the end of September. The rebates will be received by consumers even though most or all of their premium prices were covered by national subsidies. Insurers will pay an extra $534 million out under the same ACA principle to employers this year, and employers are predicted to pass across workers a part of that…. Read More
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