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edhopper

(33,650 posts)
Tue Jul 31, 2012, 06:57 PM Jul 2012

Obamacare in action.

We just got a letter from our health insurer telling us that since they only used 84.5% of the premiums they collected on health services, they now have to refund us 0.5% of our premiums. It is a small amount that will only add up to a few bucks, but I think holding the insurers accountable is a big victory. It will also rein in future increases.
The more Americans who get these types of letters and rebates the more who will see the plus side of the APA.

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Obamacare in action. (Original Post) edhopper Jul 2012 OP
Ditto that.... same here. n/t 2on2u Jul 2012 #1
K&R trof Jul 2012 #2
We got one as well.... WCGreen Jul 2012 #3
Ditto...received my letter yesterday.... Swede Atlanta Jul 2012 #4
Conservatives who hate Obamacare are asked to send their rebates back to the insurance co. bluestateguy Jul 2012 #5
The majority of "conservatives" who hate Obamacare edhopper Jul 2012 #7
Obama or the DNC edhopper Jul 2012 #6

WCGreen

(45,558 posts)
3. We got one as well....
Tue Jul 31, 2012, 07:34 PM
Jul 2012

I believe there is a stipulation that if you are in a group fund, your employer pays for the "group" plan, then they can choose to lower the premium paid by the employee's or give the money to the enrollees.

If I was an account for the firms in question, I would just reduce the payments to December so that the people would get a little bit of money extra for the holidays.

 

Swede Atlanta

(3,596 posts)
4. Ditto...received my letter yesterday....
Tue Jul 31, 2012, 07:34 PM
Jul 2012

My insurer, CIGNA, owes us 2.5% of our premiums back. It won't be much but it shows the value of the ACA.

bluestateguy

(44,173 posts)
5. Conservatives who hate Obamacare are asked to send their rebates back to the insurance co.
Tue Jul 31, 2012, 07:41 PM
Jul 2012

That would at least be the principled thing to do.

Latest Discussions»General Discussion»Obamacare in action.