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PHILLIPS CRAIG DEAN-LET MY WORDS BE FEW
You might get a refund from your insurance company this summer. It's a result of the new federal healthcare law that governs how insurance companies spend their cash. Here's the details.
The new rules say insurance companies have to spend between 80- 85% percent of premium dollars on on medical care. When your insurance company falls short, they will be required to send you a refund. Fox News says about 9 million Americans will get rebates. They say the average is $160 per person.