Some Nevadans will receive $96 from their health insurer
About 55,000 Nevadans can expect rebates from their health insurer.
The state Division of Insurance said Thursday that five of Nevada's 40 health insurers are scheduled to send rebates averaging $96 per person by Wednesday. The amount pales in comparison to the cost of coverage, though: Nevada premiums averaged $4,200 a year, or $350 a month, in 2011.
Insurers sending rebates are Aetna, in the individual and small-group markets; Anthem HMO, in the large-group market; Anthem PPO, in the small-group market; Cigna, in the large-group market; Humana, in the individual market; and Trustmark, in the small-group market.
The federal health-insurance reform law requires insurers to spend at least 80 percent of premiums on medical care and quality improvements or return the difference to consumers or employers.
Insurance Commissioner Scott Kipper said the rebates will total $4.5 million, compared with $2 billion in premiums paid statewide in 2011.
Some consumers getting rebates will receive them by mail or as a reimbursement to the credit or debit card used to pay premiums. Others will receive a reduction in future premiums. Some rebates will go directly to employers to apply toward employees' plan costs.
Consumers with questions should talk to their employer or insurer.
Contact reporter Jennifer Robison at jrobison@reviewjournal.com or 702-380-4512. Follow @J_Robison1 on Twitter.
