Insurance Companies Owe Nebraska Policy Holders $1.5-million in Refunds
OMAHA, Neb. (AP) - The federal government says insurers owe Nebraskans more than $1.5 million in refunds because of a provision in the Affordable Care Act.
The U.S. Department of Health and Human Services said Thursday that nearly 16,600 Nebraska residents will be getting refunds, averaging $108 per family.
The law requires insurance companies to spend at least 80 percent of the premiums they collect on medical care and quality improvement or return the difference to consumers and employers.
Employers can apply refunds in ways that benefit workers or take a discount on future premiums. Individual policyholders owed refunds will get checks, reimbursements to their credit card accounts or see reductions in future premiums.
© Associated Press
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Horton City Clerk's resignation accepted Monday
Falls City man sentenced to Federal Prison
Effingham owner regains truck following theft, arrest
Ground Broken for new Sac and Fox Trad'n Post
Cold case investigation leads to Holton warrant
Local residents avoid injury in chain reaction crash
Jackson Co traffic stop leads to arrest
One held for past Atchison shooting
90 mph+ downburst winds blamed for Thursday damage
Wamego man sentenced in second fentanyl-related death
Mayetta pair arrested on meth, child endangerment charges
Stolen trailer, 4-wheeler, recovered in Atchison
Early Thursday storms leave damage, outages, locally
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
LATEST STORIES
Pawnee City School Board approves personnel changes
Hazard mitigation planning meeting set for Atchison County MO
Effingham owner regains truck following theft, arrest
Cold case investigation leads to Holton warrant
Senator Slama on tax relief efforts
SE Nebraska March unemployment report
Falls City Career Academy to open during 24-25 school year
Denim Day declared for Nebraska state colleges