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ACA results in $2.4 billion in consumer rebates since 2011

American consumers have received more than $2.4 billion in premium rebates since 2011 because of the Affordable Care Act (ACA), according to a recent report from the Centers for Medicare and Medicaid Services (CMS) . The rebates are the result of the ACA provision that requires health insurance companies to spend at least 80 percent of premium dollars on health care. In 2014 over 5.5 million consumers received nearly $470 million in rebates, for an average of $129 per family. California consumers received approximately $98 million in rebates for a ...