Minnesota health insurance companies issue $8.9 million in rebates

Health Insurance Refund

Consumers to receive $8.9 million in rebates this summer Minnesota health insurance consumers are expected to receive some $8.9 million in rebates this summer, according to state officials. Senator Al Franken held a press conference on August 6 to provide information on the rebates and why they were significantly lower than what Minnesota health insurance companies had anticipated. Earlier this year, insurers predicted that consumers would receive some $14.6 million in rebates due to the medical loss ratio provision of the Affordable Care Act. Minnesota health insurance companies may have…

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