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Health Insurers to Pay $62M in Rebates in Illinois

The Obama administration has announced that 300,000 Illinoisans will advantage from scarcely $62 million in rebates from word companies since of a sovereign health law that critics have labeled “Obamacare.”

The law requires word companies to spend during slightest 80 percent of a premiums they collect on medical caring and peculiarity alleviation — or lapse a disproportion to consumers and employers by Aug. 1.

The administration says a Illinois rebates will normal $380 for a 163,000 families lonesome by policies not assembly a standard. Some will go to people and some to employers, who can request rebates in a approach that advantages workers.

Individual policyholders due a remission will possibly get a check, a payment to their credit label comment or see a rebate in destiny premiums.


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