The government says it will reimburse $8.3 million to $9 million for life insurance claims made by the spouses of senior citizens.
But a few senators are questioning the accuracy of the numbers, and a House investigation is underway into how much of the money is going to people whose coverage has been cancelled because of the flu pandemic.
In a letter to the Treasury Department, Sen. Tom Harkin (D-Iowa) and Sen. Chris Murphy (D of Connecticut) called the reimbursements an “unacceptable cost to taxpayers” and “unprecedented” and asked for the numbers.
The $8 million figure is based on the insurance company’s projections of the premiums paid by the surviving spouse for a policy bought in the case of a death or disability.
The premiums are not a guarantee that the policy will cover a claim, so the government pays them out based on a policyholder’s life expectancy and how much he or she would pay for coverage if the policy were to be canceled.
But the figures also reflect the fact that the individual’s policies have a high chance of covering a claim and that the policies themselves might be a major factor in the claims process.
The $9.3-million figure is from the life insurance company, which estimates premiums for a $10,000 policy that the deceased person purchased with a $1,000 deposit.
The $1 million deposit was for the life of the deceased, not the deceased spouse.
The life insurance premiums for the policy purchased by the deceased depend on the person’s life.
The deceased person’s policy may be more valuable because of his or her higher life expectancy.
In some cases, life insurance policies may be purchased with an advance payment.
Sen. Bernie Sanders (I-Vt.) has introduced a bill to increase the premiums for life-insurance policies for individuals who die at 60, 75, 80 or 90, which could save taxpayers money.
Under Sanders’ bill, the federal government would pay premiums to individuals who had a policy with a policyholders life expectancy of 90 or above, based on their life expectancy at death.
The premium would be based on two factors: a policy holder’s age and the amount of their policyholder life expectancy when the policyholder died.
According to Sanders’ plan, the premiums would be paid by two entities: the insurance companies that sold the policy and the individuals.
Sanders’ bill would also require that a death payer be able to prove that they had a life expectancy above 90 years at the time of death, but that the death payers claim that they were over the age of 90 at the date of death and that they lived in a home or apartment with their family and that their family lived in the home or apartments.
Senators are also seeking a review of the process that is used to determine when a policy owner is entitled to receive a premium payment.
The Federal Insurance Exchange (FIE) determines premiums based on three factors: the life expectancy, the number of years a policy is in force and the policyholders death rate.
However, some lawmakers say they don’t understand the process by which premiums are determined.
For example, Sen, Ron Wyden (D -Ore.) said in a statement, “It is important to remember that when premiums are paid by a policy, they are not paid by an individual.
Instead, premiums are collected by the insurance carriers, and are based on claims made under a policy’s policies policies coverage, which can change by the policy owner and by the policies life expectancy.”
Rep. John Conyers Jr. (D) told The Associated Press that he and other members of Congress “are concerned that the cost of health care has skyrocketed in this pandemic, and we should be reimbursing people for what they’ve paid.”