HHS: Health Insurers Owe CT Consumers & Employers $3 Million

According to data released by the Department of Health and Human Services (HHS), health insurers owe $3 million in refunds to Connecticut consumers or their employers this summer because of a provision in the insurance reform law. The provision requires insurers to spend a minimum amount of revenue from premiums on medical expenses for consumers. Consumers will get refunds for coverage provided last year in the form of a refund check, a lump-sum reimubursement to a debit or credit card, or may receive a reduction in premiums in the future. However, it is likely that some people will not receive refunds due to employers being allowed to use them to “improve their health coverage.”

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