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President Obama, with families who benefited from the PPACA provision that provides consumers with a refund if their carrier doesn’t spend the majority of premium dollars on medical care. (AP Photo/Charles Dharapak, File)

WASHINGTON — Another year, another round of exaggeration from President Barack Obama and his administration about health insurance rebates.

In his speech defending his health care law Thursday, Obama said rebates averaging $100 are coming from insurance companies to 8.5 million Americans. In fact, most of the money is going straight to employers who provide health insurance, not to their workers, who benefit indirectly.

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