12.8 Million Receive Insurance Rebates As A Result Of Obamacare

12.8 million Americans will receive $1.1 billion in rebates from insurers that have not met minimum spending guidelines in Obamacare, the administration announced Thursday morning. The Affordable Care Act requires insurers to spend 80 to 85 percent of premium dollars on health care services or issue rebates to policy holders. The average rebate is valued at $151 per household.