Kentucky Families To Receive Insurance Rebates

Kentucky Families To Receive Insurance Rebates

Thousands of Kentucky residents could receive a check in the mail this summer, because insurance companies are operating more efficiently, according to the government.
Thousands of Kentuckians could see a check in the mail this summer, because insurance companies are operating more efficiently, according to the government.

The average household will receive $100 in rebates from insurance companies, according to the White House. The refund is part of the Affordable Care Act. A new standard known as the 80/20 rule, enforces that insurance companies spend $.80 of every dollar to help patients. Any excess money that is spent means the insurance companies have to pay a rebate.

Kentuckians who will receive rebates will see the check in the mail, a reimbursement to their credit cards, or a reduction in payments.
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