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Health insurers owe nearly $74 million in rebates to Californians
Los Angeles Times

Nearly 2 million Californians will receive $73.9 million in rebates from health insurers as part of the federal healthcare law, according to state officials.

Insurers notified government regulators in June of how much they owed customers in rebates or premium credits because they didn’t spend at least 80% or more of 2011 premiums on medical care. The minimum threshold is 85% for employers with more than 51 workers.

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