A new COVID ‘stimulus check’ may be on the way — from your health insurer

A new COVID ‘stimulus check’ may be on the way — from your health insurer

Here’s what you need to know.

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Among the proposals in President Joe Biden’s recently announced American Families Plan is an indefinite extension of the expanded Obamacare subsidies originally passed in March as part of the administration’s $1.9 trillion COVID relief plan.

If that weren’t already enough good news on the health care front, private insurance companies are also expected to dole out $2.1 billion in rebates to more than 10.7 million policyholders this fall, according to analysis from the Kaiser Family Foundation.

That sum will be the second-highest amount ever issued under the Affordable Care Act (ACA) after last year’s record-breaking $2.5 billion in refunds.

Source: finance.yahoo.com


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