Blue Cross is giving money back to its customers in the individual market (including me). Supporters of the federal Patient Protection and Affordable Care Act (PPACA) say this is just one of many good things to come from the law. But the real reason for the refund seems to be that many of us won’t be able to keep our policies under the new law, despite the president’s promises. From ModernHealthcare.com

The refunds come from reserves set aside for these policyholders. Some premiums in certain policies build up reserves to even out the cost of premiums over the life of the policy. The health reform law will provide new versions of these plans starting in 2014, so the current policies will end sooner than originally expected.