California health insurance rebates Archives

California health insurance rebate checks to be mailed out next week

July 27, 2012April 30, 2013

Many policyholders in the state will be receiving money back due to the Affordable Care Act. President Obama’s overhaul of the medical care system will be providing many California health insurance policyholders with rebate checks, starting next week, as their insurers pay them back for failing to spend their earnings according to the new law’s requirements. Approximately 1.8 million people in the state will be receiving money back. These rebates will be either in the form of a reduction in their monthly premiums, or in the form of a check…

California health insurance rebates to be sent out to small businesses

June 1, 2012April 30, 2013

UnitedHealth is expected to issue $3.5 million in these refunds California health insurance giant, UnitedHealth, is the first in the state to declare the total amount in rebates that it will be issuing to small businesses due to the fact that its spending on medical care costs did not reach the 80 percent requirement under the healthcare reform laws. There will be approximately $3.5 million split among almost 4,400 small business across the state. The rebates will be received throughout the summer as the insurer also gets itself ready to…