Example; if you’re driving less, you’re at less risk of being in an accident. So, did your auto insurer send you a refund? Mine did. $50. Woo Hoo!

Most dental practices have been shut down for weeks. In response, one dental insurer announced a 50% refund of (just) April premiums. Great, but then I’m thinking, if the premiums are partially or totally employee paid (i.e., voluntary), the employer can’t keep the money. And, if paid with pre-tax dollars, how does that factor into each employee’s refund?

BTW, the dental insurer added this line: “Customers should contact their insurance professional or tax advisor to understand potential impacts and obligations associated with the credit.” Since tax advisors charge for advice, guess my phone will be ringing this week. (What’s that line? “You get what you pay for!”)

Last on this subject.

If hospital revenues are way down, presumably health insurance claims are, too. Under the medical loss ratio rules of the ACA, there could be more checks in the mail by fall of 2021.

It was so much easier when ‘rebates’ were just illegal!!

P.S. Two years ago - June 1 of 2018 - The Rauser Agency joined Robertson Ryan & Associates. Time really does fly when you’re having fun. To my ‘new’ friends and colleagues at RRA, thank you for your support.