Health Insurance Premium Rebates Under Obamacare in Florida

Question: Do policy holders really get a rebate of their health insurance premiums paid to the health insurance company? 

Answer: Part of the Affordable Care Act (ACA) was insurance company reform, and part of the reform was the “80/20 rule.” The 80/20 rule requires insurance companies to spend 80 cents of every $1 received in premiums on actual health care, such as paying doctors and other medical providers.  The amount over 80% is refunded to the policyholders.  In 2014 in Florida alone, $41,679,928 in total rebates were paid to 981,273 insured policy holders.  ABC News explains it here: http://abcnews.go.com/Politics/obamacare-health-insurance-rebates-check/story?id=19701785