California health insurance rebate checks to be mailed out next week

Health Insurance Refund

Many policyholders in the state will be receiving money back due to the Affordable Care Act. President Obama’s overhaul of the medical care system will be providing many California health insurance policyholders with rebate checks, starting next week, as their insurers pay them back for failing to spend their earnings according to the new law’s requirements. Approximately 1.8 million people in the state will be receiving money back. These rebates will be either in the form of a reduction in their monthly premiums, or in the form of a check…

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