The health care law requires insurers to give out rebates by Aug. 1 for any premiums collected in the previous year if less than 80 percent of those premiums were paid to healthcare providers. This applies to individual plans and small employer groups. Eighty-five percent of insurance premium dollars must be paid for large employer groups.
Nationally, $1.1 billion will be distributed to 12 million Americans. Cigna Healthcare, which has a major processing center in Chattanooga, said 7 to 8 percent of its customers will receive rebates this year.
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