Insurers to refund customers $332 million under ObamaCare


Health insurance companies are expected to refund customers $332 million this year under a provision in ObamaCare designed to prevent insurers from overcharging their customers, the Department of Health and Human Services announced on Thursday. The payments, which might simply be applied to future premiums, will bring to $1.9 billion the total amount refunded since the rule took effect in 2011. Read more about the refund at The Huffington Post.
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Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.
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