TX asks feds to delay health insurance rebate plan
Starting in 2012, health insurance plans in Texas—and most of the rest of the country—may have to cough up millions of dollars in rebates to customers. The rebates will come from health plans that spend too much on administrative costs instead of medical care. The change is part of the national health overhaul law, the Affordable Care Act. But state officials in Texas and 16 other states have asked to push back the requirement for a few years.
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