Luddly Neddite
Diamond Member
- Sep 14, 2011
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Obamacare Health Insurance Rules Saved Customers $1.5 Billion Last Year: Study
Here's the study -
Insurers' Responses to Regulation of Medical Loss Ratios - The Commonwealth Fund
I know this won't stop the incessant and childishly stooopid lied from the rw's but, wth, who cares. Not me. What I care about is that I'm getting better coverage for less money and, unlike the lazy ass rw's, I'm paying for my own insurance.
The health care law enacted by President Barack Obama requires that health insurance companies selling plans to individual consumers spend at least 80 percent of the premiums they collect on medical care. Health insurance companies selling plans to groups of at least 50 people, such as employers offering benefits to workers, must spend 85 percent of premiums on medical care. Companies that fail to meet these standards under the so-called medical loss ratio rule must refund the difference to their customers.
Here's the study -
Insurers' Responses to Regulation of Medical Loss Ratios - The Commonwealth Fund
I know this won't stop the incessant and childishly stooopid lied from the rw's but, wth, who cares. Not me. What I care about is that I'm getting better coverage for less money and, unlike the lazy ass rw's, I'm paying for my own insurance.