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State: Insurance regulator & advocate save consumers money

HARTFORD, Conn. – The Office of the Healthcare Advocate saved consumers $1.5 million and the Insurance Department recovered $1.8 million — a total of $3.3 million — in the second quarter of this year.

Most of the savings the Insurance Department recovered for policyholders were related to health insurance, even though that total also includes savings and fines related to accident, homeowners, and life insurance policies.

“The advent of the Affordable Care Act resulted in more people having health insurance – some for the very first time,” Insurance Department Commissioner Thomas Leonardi said in a press release. “Our staff of experts is well versed in the law and handled hundreds of questions from consumers on their new coverage.”

The Insurance Department’s Consumer Affairs Unit fielded more than 1,600 complaints and inquires between April 1 and June 30.

See the complete story at CT News Junkie.

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