Health insurance rebates will help make coverage affordable

health insurance companies profits

The refund checks will help everyone to see lower premiums each year. More than $1 billion in health insurance rebates have been issued to consumers in order to allow insurers to comply with the regulations of the Affordable Care Act, and are now effectively making it less expensive for Americans to maintain coverage. This may also help to push premiums down in the future. According to the Center for Medicare Services acting director of the office of oversight, Teresa Miller, “Consumers who are not getting rebates are benefiting from the…

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