UnitedHealth to rebate $3.5 million to California small businesses

Thursday, May 31, 2012 - 16:19 in Mathematics & Economics

The insurance giant is the first insurer to say how much money it will return because its spending on medical care fell short of requirements under the federal healthcare law.Nearly 4,400 small businesses in California will share in $3.5 million in rebates from insurance giant UnitedHealth Group Inc. this summer as insurers nationwide prepare to return millions of dollars to customers as a key benefit of the federal healthcare law kicks in.

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