Consumers to get $1 billion in health insurance rebates

Soon you could be getting some money back from your health insurance company.

The Department of Health and Human Services said insurers will be handing back $1 billion to more than 12 million customers this summer.

On average, each family is expected to get around $150. The rebates are a part of the 2010 health reform law. 

It requires insurers to reimburse policy holders if they use your premiums to boost company profits instead of paying for medical care.

 

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