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HealthQuiet 8d · day 8

Federal government to send $500 rebates to people in 30 states over exchange overcharges

White House announces refunds for ACA marketplace premiums inflated by excessive administrative fees.

newest coverage 7d agosummary written 7d ago6 pieces Newswires

What to know

  • Federal government sending $500 rebates to residents of 30 states due to exchange overcharges.
  • Overcharges were deemed excessive relative to operational costs and passed to consumers via premium increases.
  • White House fact sheet indicates investigation uncovered the pricing issue affecting ACA marketplace users.

White HouseWhite House Announcing authority

How it unfolded 1 development · click the chart to see its coverage articles

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Sep 17Sep 18Sep 19Sep 20Sep 21Sep 22yesterdaynow · 5:46 AM ET
  1. 1

    White House announces $500 rebates for exchange overcharges in 30 states

    The federal government disclosed that residents of 30 states will receive $500 payments after an investigation found that health insurance exchanges charged excessive administrative fees. The White House noted these overcharges were absorbed by users through higher premiums.

    “The overcharges were "far in excess of what was needed to run the exchange," and absorbed by users in the form of higher premiums…”
    — White House
    1. 4 outlets People in these 30 states could receive $500 from feds: Who qualifies? When will the money arrive?

      first by Cleveland.com, 7d ago · also The Oregonian, PennLive, MassLive

      1 more headline