St. Louis, MO (KSDK) - The Supreme Court is working on whether the Health Care and Education Reconciliation Act of 2010 is constitutional. But the law is already starting to kick money back to some of us.
More than 550,000 people in Missouri will be getting a total of more than $60 million in health care premium rebates this summer.
In Illinois, more than 299,000 people will be getting more than $61 million back.
Those rebates could come in the form of a rebate check in the mail, a reimbursement on a credit card or debit card if you used one to pay your premium, a reduction in a future premium or your employer could reinvest it in the company health plan.
The reason for the refunds is because the health reform law makes insurance companies reimburse you if they used your premiums to boost company profits instead of paying for medical care.
If this affects you, look for a notice from your insurance company about your reimbursement by August 1.
Here is a list of insurance companies that will be issuing refunds:
Aetna Life Insurance Company; Shelter Life Insurance Company; and UnitedHealthcare Insurance Company.
American Family Mutual Insurance Company; American Republic Insurance Company; Coventry Health & Life Insurance Company; Golden Rule Insurance Company; Healthy Alliance Life Insurance Company; Humana Insurance Company, Inc.; John Alden Life Insurance Company; The MEGA Life and Health Insurance Company; Time Insurance Company; and World Insurance Company.
Blue Cross and Blue Shield of Kansas City, Federated Mutual Insurance Company; HMO Missouri, Inc.; Healthy Alliance Life Insurance Company; Trustmark Life Insurance Company; and UnitedHealthcare Insurance Company.