News Headlines Article

Report: Health care law rebates to top $1B
San Francisco Chronicle

A new report finds that insurance companies will have to return more than $1 billion this year to consumers and employers to meet a requirement in President Barack Obama’s overhaul. That’s real money, according to Larry Levitt of the nonpartisan Kaiser Family Foundation. And Levitt says it’s one of the most tangible consumer benefits to date from the law. This is the first time such rebates are due.