The ACA carries provisions requiring health insurers to spend a minimum percentage of premiums on medical care for their customers. People dramatically decreased their visits to medical providers during the "pandemic" because they were scared of the sniffles. As a result, insurers had to refund some premium payments.
The ACA carries provisions requiring health insurers to spend a minimum percentage of premiums on medical care for their customers. People dramatically decreased their visits to medical providers during the "pandemic" because they were scared of the sniffles. As a result, insurers had to refund some premium payments.
I don't remember any medical insurers doing that, just automobile insurers.
I don't remember any medical insurers doing that, just automobile insurers.
I wouldn't think the ObamaCare had clauses like that for auto insurance, but who knows the way they write legislation.
I wouldn't think the ObamaCare had clauses like that for auto insurance, but who knows the way they write legislation.
I don't think it did. I just find it odd that an insurer would refund because of lower than expected claims. That would normally just be profit.
A diversionary tactic perhaps.
I don't think it did. I just find it odd that an insurer would refund because of lower than expected claims. That would normally just be profit.
A diversionary tactic perhaps.
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