Thanks Obamacare! Check is in the mail for 6.8 million people
More than 6.8 million Americans will get a refund from their health insurer this summer.
Total value of the rebates will be $332 million, with an average of $80 going to each family. They'll be issued by August 1.
Thank the Affordable Care Act for
the windfall. Under one of the law's provisions, insurers must issue
refunds if they spend more than 20% of what customers pay in premiums on
administration and marketing expenses, instead of medical care.
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