West Virginians get Health Insurance Rebates
A provision inserted into the new federal healthcare law will mean rebates for thousands of West Virginians. Under the law, healthcare companies cannot spent more than twenty percent of revenues on administrative costs, and the difference must be rebated to customers. The U.S. Department of Health and Human Services says most of the rebates will go people who buy their own health insurance. In West Virginia, more than sixteen thousand customers will share $2.7 million in rebates this year.