News Coronavirus watch11 Sep 2020

US:Insurer issues nearly $120m in premium credits and rebates to employers

| 11 Sep 2020

Independence Blue Cross (Independence) has expanded its financial support during the COVID-19 pandemic for the company's fully insured group employers. The insurer is offering medical and dental premium credits to fully insured employers, as well as providing premium rebates due to the effective management of medical costs. The premiums being returned to Independence employers total nearly $120m. Independence is also extending payment options for certain fully insured employers.

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