Will be nearly 2 million residents of California received $ 73.9 million in cuts from health insurance companies as part of the Code of Federal health care, according to state officials.
Insurance companies to notify regulators in June, the government of how much they owed to customers in the premium rebates or credits because they did not spend at least 80% or more from 2011 premiums on medical care. And the minimum is 85% for employers with more than 51 workers.
Figures released Tuesday to mark the end result of California, insurance companies must be issued refunds by Wednesday. Has received many employers and consumers are already messages informing them of the amount of their opponent.
Average discount is $ 65 per family, according to the State Department of Insurance.
"The law requires care at reasonable prices that have spent more than dollars to our health insurance premiums and health care, rather than on administrative costs and profits," said the Commissioner of the California Insurance Dave Jones.
Owed by Anthem Blue Cross, the largest country in the profitability of insurance companies and unit of a needle, approximately $ 40 million in rebates and Blue Shield in California and had to return about $ 11 million to customers.
Due to non-profit Kaiser Permanente, the largest insurer in the state $ 0.277000 in discounts to holders.
United Group, Aetna Inc. and CIGNA Corporation owed all California employers about $ 3.4 million.
At the national level, and federal officials said health insurance companies owed $ 1.1 billion in cuts to up to 12.8 million Americans. Discount the average national level of $ 151 per family, according to the federal government.
For people who get health coverage through work, and verification of the discount or credit goes to the employer. By law, employers can be revenue-sharing with employees on the basis of how much they contribute to the annual installments or apply the savings in health care costs in the future.
And individuals and families who buy their own policy receive rebates directly. Consumer advocates praised the new restrictions on insurance companies costs and profits.
"The choice is a symbol of new controls on the industry to ensure patients get the best value per dollar premium for it," said Anthony Wright, executive director of Health Access California, a group defending the rights of the consumer.
Insurance companies to notify regulators in June, the government of how much they owed to customers in the premium rebates or credits because they did not spend at least 80% or more from 2011 premiums on medical care. And the minimum is 85% for employers with more than 51 workers.
Figures released Tuesday to mark the end result of California, insurance companies must be issued refunds by Wednesday. Has received many employers and consumers are already messages informing them of the amount of their opponent.
Average discount is $ 65 per family, according to the State Department of Insurance.
"The law requires care at reasonable prices that have spent more than dollars to our health insurance premiums and health care, rather than on administrative costs and profits," said the Commissioner of the California Insurance Dave Jones.
Owed by Anthem Blue Cross, the largest country in the profitability of insurance companies and unit of a needle, approximately $ 40 million in rebates and Blue Shield in California and had to return about $ 11 million to customers.
Due to non-profit Kaiser Permanente, the largest insurer in the state $ 0.277000 in discounts to holders.
United Group, Aetna Inc. and CIGNA Corporation owed all California employers about $ 3.4 million.
At the national level, and federal officials said health insurance companies owed $ 1.1 billion in cuts to up to 12.8 million Americans. Discount the average national level of $ 151 per family, according to the federal government.
For people who get health coverage through work, and verification of the discount or credit goes to the employer. By law, employers can be revenue-sharing with employees on the basis of how much they contribute to the annual installments or apply the savings in health care costs in the future.
And individuals and families who buy their own policy receive rebates directly. Consumer advocates praised the new restrictions on insurance companies costs and profits.
"The choice is a symbol of new controls on the industry to ensure patients get the best value per dollar premium for it," said Anthony Wright, executive director of Health Access California, a group defending the rights of the consumer.
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