newjerseynewsroom.com

Thursday
Apr 26th

New Jerseyans to share over $106.4M in federal health insurance rebates

healthcarecosts101011_optChecks to arrive by Aug. 1

BY TOM HESTER SR.
NEWJERSEYNEWSROOM.COM

President Obama’s health care law provides New Jerseyans with up to $106.4 million in health care premium rebates, the White House announced Thursday.

The White House stated a new report from the Kaiser Family Foundation estimates that 1,473,527 New Jerseyans will receive the rebates. The figure includes 62 percent of enrollees in the individual health insurance market for an average rebate of $63 per person. Rebates for New Jerseyans will be delivered by Aug. 1.

The White House stated that even if a person does not receive a rebate, the individual may benefit from the health care law. Many insurance companies changed the way they do business or lowered their premiums.

Nationally, the health care law enable 2.5 million young adults to have health insurance on their parent’s plan. Another 5.1 million people with Medicare saved an average of $635 on the cost of their prescription drugs. And every person on Medicare can get preventive services like mammograms for free.

Insurance companies cannot raise your premiums by 10 percent or more with no accountability. And it’s illegal for insurance companies to deny coverage to children because of a pre-existing condition. In 2014, discriminating against anyone with a pre-existing condition will be illegal.

 


Follow/join us

Twitter: njnewsroom Linked In Group: 2483509

Hot topics

 

NJNR Press Box

 

Join New Jersey Newsroom.com on Twitter

 

Be a Facebook fan of New Jersey Newsroom.com

 

New Jersey Newsroom has plenty of room


**V 2.0**