Insurers Will Pay $1.3 Billion In Rebates To 16 Million Consumers Because Of Obamacare

Insurers Will Pay $1.3 Billion In Rebates To 16 Million Consumers Because Of Obamacare: Thanks to a provision of the Affordable Care Act, 16 million consumers and businesses are expected to receive about $1.3 billion in rebates from health insurance companies, according to the Kaiser Family Foundation. The medical loss ratio rule requires insurers to spend at least 80 to 85 percent of premiums on patient care; if not, [...]/p