Health Insurers Overcharged Customers $332 Million Last Year

August 3, 2014 by OSYB Staff

Health insurers owe $332 million in refunds to consumers and employers for collecting excessive premiums last year. All told, 6.8 million consumers are entitled to refunds for 2013 premiums, with an average refund of $80 per family. Insurers must notify people about refunds by Aug. 1 about how they will pay it.