Private Insurers Expect to Pay $1 Billion in Rebates to Consumers This Year for Setting Premiums Too High Relative to Medical Costs

By Reports on Health Insurance and Health Care Costs from the Kaiser Family Foundation in Affordable Care Act, Employers, health costs, Individual Market, Kaiser Family Foundation, Large Group, MLR, premiums, Private Insurance, Small Group
June 1, 2022

Private insurance companies are expecting to pay out $1 billion in rebates to consumers this fall under an Affordable Care Act provision that requires insurers to spend the bulk of customers’ premium payments on care, a new KFF analysis finds. Rebates are based on insurers’ experiences over the previous three years. This year’s total is…More

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Private Insurers Expect to Pay $1 Billion in Rebates to Consumers This Year for Setting Premiums Too High Relative to Medical Costs

Reports on Health Insurance and Health Care Costs from the Kaiser Family Foundation

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