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Posts Tagged ‘low cost health insurance plans’

A Check From My Insurance Company, Why?

Author: Kelley Filice Jensen

Your daily trip to the mail box just got more interesting, you received a check from your health insurance provider.  But, why?  What is it, and is it taxable to you?  What if you have insurance through your employer, will you get a check, or rebate?

Why are you receiving this check from your health insurance provider?

Many major medical insurance carriers (Anthem Health Insurance, Kaiser Insurance, Blue Shield Health Insurance, to name a few) have begun issuing rebates to affected customers.  This rebate is the result of the health insurance provider’s MLR or Medical Loss Ratio calculation.

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