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04-28-2014, 09:20 PM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2009
Posts: 6,682
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New York ACA Rebates
So I get what I think is my June premium notice from Empire BCBS and instead they have mailed a check to me for 3 weeks of January premium as compensation for their problems in processing all the ACA enrollees. In the cover letter they mentioned a voluntary agreement with Governor Cuomo's office to provide these rebates. They are being given to those who had no claims in January.
I'd have prefererd if they just credited the rebate to my next (June) premium. Wouldn't that have been more efficient than mailing out all these checks?
Any of you in New York get one of these rebates, whether it is from Empire BCBS or another insurance company in the NY Exchange (Marketplace)?
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
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04-28-2014, 09:40 PM
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#2
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Full time employment: Posting here.
Join Date: Sep 2011
Location: Bushnell
Posts: 607
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Didn't see it in my mail box today, Scrabbler, but if it shows up I will definitely post here. It's an election year in NY State and it was a rough ACA rollout for many of us, so not surprising that the governor is trying to make sure none of the bad stuff sticks to him, maybe get some credit where perhaps blame is due.
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04-29-2014, 06:11 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2006
Location: Washington, DC
Posts: 11,318
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A credit to next year's premium wouldn't fit since it would hinge on you electing to stay put in the next open season.
__________________
Idleness is fatal only to the mediocre -- Albert Camus
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04-29-2014, 06:45 AM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2009
Posts: 6,682
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Quote:
Originally Posted by donheff
A credit to next year's premium wouldn't fit since it would hinge on you electing to stay put in the next open season.
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Not next year's premium, but next month's (June) premium.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
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04-29-2014, 06:58 AM
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#5
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,586
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Looks like this was announced in February and applies only to newly enrolled users of Empire BCBS. https://www.governor.ny.gov/press/02...ss-blue-shield
Quote:
In recognition of these and other challenges faced by their policyholders, Empire has agreed to provide three weeks of free coverage to consumers who enrolled through NYSOH and paid for coverage for the month of January, but did not receive care during that period. Those consumers will receive cash payments equivalent to three weeks of premiums paid. An estimated total of 15,000-20,000 Empire consumers are expected to receive this relief. Under the agreement, Empire has also committed $2 million to consumer education to encourage enrollment of the uninsured and others in health care coverage through NYSOH.
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Cash back is the only option.
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04-29-2014, 08:52 PM
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#6
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Full time employment: Posting here.
Join Date: Sep 2011
Location: Bushnell
Posts: 607
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I received a rebate check in the mail today. I agree it would surely have been more efficient and less costly to just credit everyone's June premium instead of printing checks.
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04-30-2014, 04:20 PM
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#7
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Recycles dryer sheets
Join Date: Nov 2005
Posts: 337
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Quote:
Originally Posted by truenorth418
I received a rebate check in the mail today. I agree it would surely have been more efficient and less costly to just credit everyone's June premium instead of printing checks.
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Except that then many of you would not have noticed, or would have just thought the insurance company messed up your premium payments. Besides, not all of you will actually cash the checks, which probably more than pays the cost of mailing them!
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04-30-2014, 04:51 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2009
Posts: 6,682
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Quote:
Originally Posted by bamsphd
Except that then many of you would not have noticed, or would have just thought the insurance company messed up your premium payments. Besides, not all of you will actually cash the checks, which probably more than pays the cost of mailing them!
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BCBS would have undoubtedly included the same cover letter they included with the check explaining why they were returning some money to its policyholders. The cover letter would have explained how BCBS was simply offsetting the next month's premium with the rebate.
I recall getting a credit like this once or twice on my auto insurance policy when they were giving a rebate on previously paid premiums, so for me there is precedent.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
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04-30-2014, 06:22 PM
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#9
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Full time employment: Posting here.
Join Date: Sep 2011
Location: Bushnell
Posts: 607
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Quote:
Originally Posted by bamsphd
Besides, not all of you will actually cash the checks, which probably more than pays the cost of mailing them!
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Oh I cashed mine alright!
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