This transcript is automatically generated
To Mac Donald right now and if you were doubt about the health care overhaul this well I don't know -- stimulus is going to be able to help you out today the bottom line on not a -- a letter that's being sent out -- these insurance companies.
Under the health reform law and health insurance now to send.
A letter to individual policyholders meaning you -- me.
Saying hey you may get a rebate check don't -- don't like to get a government rebates sure right and so we have a copy of the letter.
It says that -- -- the rebate is required because about health reform law.
Now is this being used to mold public opinion about the health reform law yes election -- -- -- the -- right you -- thanks for having us here.
Good day below thank you goodbye and -- ticket to break right now but here's -- issue I mean at sixteen million taxpayers are gonna get this.
Letter what's the timing on the timing is important because it's gonna come out -- rebate checks are coming up of the summer but the Supreme Court is still reviewing the constitutionality.
Of the health reform law.
Anyway one point three billion dollars estimated will be coming from health insurers to sixteen million people.
And Texas and Oklahoma residents are probably gonna see.
Way more higher checks and the rest of the nation recorder -- to Kaiser Fran offended is it from.
What is -- an important question under health reform your health insurance premiums have 80% of what you pay have to go toward your medical costs.
Anything above that -- on anything that breaks that threshold you know for overhead -- advertising you get the rebate.
Average rebate checks are gonna be like a 127 bucks but you know -- very and it's -- senate GOP is saying look the president's been out there saying.
Health reform a lower your insurance premiums like 25 -- a 127 dollars is not a lot of money but until we get more simpler something that's more obviously C average but the he does just -- everybody get this or just about it -- sixteen million depends the stately event not nearly everyone in Texas and alcohol will get a rebate check.
Florida you gonna see one point seven mean million people estimated getting about a 150.
Million dollars in rebate checks so -- this timing.
For second yes the because we have -- have joking about -- while wonder if this is that because it's you know.
Trying to mold public opinion whatever you wanna call it isn't it do we know that I -- is it.
How did this kind of come about to the government say hey you have to send out these letters by -- time in the end of the day process with the company.
This is what we know health -- -- been rolling in right in the health insurance companies have been getting these notices and rule making.
From the government and here's -- letter it says little letter will go up by August 1 Supreme Court is ruling it and the rulings let's come down in June.
If everything is written into the laws that -- how all -- right ticket again it's the low hanging fruit of the early years of this plan it's like yeah -- right and a but -- get a rebate check and sent tanning tax bank and then extending you know -- -- early things that kicked and war.
Gravy for the Democrats like letting twentieth people up to 26 years of age stable what is -- -- -- Or knocks it out and in Kansas mail back your rebate check I mean.
That's the debate I think it's so you know it is just to boost the -- letter popularity of a -- for the election.
It sure feels that way but you know health reform saying these letters are required we got a -- -- letter here.
What -- the on the -- throughout the -- How armed to the bottom line from mean that bottom markets now and everything that we get a sense now is that -- people don't if they get them check in the mail I don't care what it's for what -- spent on -- -- -- ever I don't know what this says this I got to stop it from cash and it sounds.
Like -- might not get it you know in other words if they rule against it in June in these letters aren't going out all of the sudden of the none of the story was McDonald's at about the letter to what letters the -- nobody will ever take never remember right right and then they'll just pretend it never happened -- and it'll go away.
You're not may have -- you don't get to -- -- 'cause we're.