Shortly, someone is going to post the following: I just received a rebate check in the mail on my medical insurance. Is it taxable?
The reason for this question is that under the Affordable Care Act, health insurance companies who failed the 80/20 (also the 85/15) rule must send rebates no later than 8/1/12.
Kiplinger.com explains why the rebates are going out (the 80/20 and
85/15 rule) and who may have to pay tax on the health insurance rebate:
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