Franken: Insurance rebates to help 123K in Minn. - KTTC Rochester, Austin, Mason City News, Weather and Sports

Franken: Insurance rebates to help 123K in Minn.

Posted:

 

ST. PAUL, Minn. (AP) -- Sen. Al Franken says more than 123,000 Minnesotans are benefiting from insurance rebates under a provision he sponsored in the federal health law, even though some won't get checks in the mail.

Franken held a Capitol news conference in St. Paul Monday to praise the provision based on a Minnesota law. It requires insurers that don't spend at least 80 percent of premiums on direct health care costs to rebate the difference.

Many of the rebates due Aug. 1 went to employers that purchase health insurance for employees.

Employers can return the money to workers or use it to reduce future premiums.

Franken couldn't say how many of those who benefit will see checks of their own. But he says the provision is forcing insurers to reduce premiums in general.

 

Powered by WorldNow
All content © Copyright 2001 - 2014 WorldNow and KTTC, a Quincy station.
All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Jodi Neyens at (507) 280-5104. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.