CEO Daniel Loepp
Blue Cross Blue Shield of Michigan plans this fall to refund $21 million in health and dental premiums to more than 180,000 commercially insured individual health plan subscribers this fall.
The refund is the result of "lower than expected health care claims resulting from the disruption in the delivery of health and dental services caused by the Covid-19 pandemic," the insurance company said.
“Many people in Michigan are struggling with the economic impacts of the pandemic, so we’re very pleased to provide a credit that will reduce November premiums by 30 percent for our individual plan members,” CEO Daniel J. Loepp says in a statement. “It’s critical for people to maintain their health insurance coverage, especially during a pandemic, and Blue Cross is doing what we can to help.”
The refunds are in addition to more than $100 million in refunds earlier this year for health, dental and vision premiums for seniors, employer group customers and 2019 individual subscribers.
