x

Coronavirus

US Health Insurees May Receive Higher Rebates

WASHINGTON — U.S. health insurance customers may receive higher premium rebates than normal later this year partly because insurers had less care to cover after COVID-19 arrived in 2020.

Some individual insurance customers could receive premium credits or rebates of nearly $300 on average, according to an analysis of government data from the non-profit Kaiser Family Foundation.

The Affordable Care Act requires insurers to give customers refunds or premium credits if they don’t spend certain percentages of the premiums they collect on care and costs related to it.

Kaiser’s analysis noted that last year hospitals and other care providers canceled surgeries and non-essential care early in the pandemic and then during subsequent COVID-19 spikes.

Kaiser Vice President Cynthia Cox said nearly half of customers in the individual market receive these annual rebates. Some people with employer-sponsored coverage also may get rebates that they share with their company.

Rebate totals will be finalized later this year. They generally are then delivered by the end of September. The totals will vary by market and depend on factors like whether an insurer has already offered premium breaks to counter the drop in care.

RELATED

ATHENS – While the New Democracy government is easing health restrictions for rabid anti-vaxxers, those fully vaccinated against COVID-19 may need a fourth shot in the autumn.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

Mission, TNH’s New Travel Documentary Series with Clelia Charissis

Every weekend, TNH and Clelia Charissis are on a mission, traveling around Greece and the world to highlight places through the people we meet along the way.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.