Federal Refunds to Thousands of Illinoisans
Published on July 25 2014 9:59 am
Last Updated on July 25 2014 9:59 am
Written by Greg Sapp
More than 100,000 Illinoisans are now in position to get a refund from the government.
It's part of the Affordable Care Act. Insurance firms must spend at least 8% of the premiums they collect on medical care or return the difference to customers and employers.
The money won't be required to be a check in the mail. Employers can apply the rebate as a discount for employees' future premiums.