Health insurance rebates could surpass $1 billion

Health insurance rebates could surpass $1 billion

Millions of consumers and small businesses will receive an estimated $1.3 billion in rebates from their health insurance plans this summer, according to a recent study by the Kaiser Family Foundation, a nonpartisan research group. A recent analysis by Goldman Sachs put the figure at $1.2 billion. The savings are the result of a provision in the Affordable Care Act that limits what insurers can charge for administration and profits. According to the Kaiser study,…

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