Press Release: Texas Consumers Stand to Lose $260 Million in Health Insurance Rebates Under State Proposal
Stacey Pogue /(512) 320-0222 x 117
November 29, 2011
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(AUSTIN, Texas) - On Monday, Federal officials finalized an application from the Texas Department of Insurance (TDI) to delay full implementation of a new rule that requires insurers to increase the value of health insurance or provide rebates to policyholders. If approved, Texans who buy insurance on their own outside of the protection of an employer could lose $350 in forthcoming rebates on average.
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