Almost 200K to Benefit from Insurance Refunds

Just over 184-thousand Michiganders will receive refund from insurance companies.

The U.S. Department of Health and Human Services said that $13.2 million will be returned to health insurance customers because of a provision of the Affordable Care Act. By law, insurance companies are required to spend 80% of the premiums they collect... or return the difference to their customers. 17 health insurers will have checks sent out by August first or offer a reduction in future premiums.

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