President touts Obamacare put cash in 8.5 million pockets

Nova78

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Dec 19, 2011
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President touts Obamacare put cash in 8.5 million pockets

President Barack Obama on Thursday highlighted tangible cost savings being delivered by his signature health-care reform law, arguing that putting extra dollars in middle-class peoples' pockets trumps continued efforts by Republicans to repeal or cripple Obamacare.

"The law is working the way it's supposed to do for middle-class Americans," Obama said in a White House speech where he was flanked by handful of the 8.5 million Americans who this summer are receiving rebates averaging about $100 as a result of the Affordable Care Act.

The new law's rules mandate that insurers either spend at least 80 percent of their premium dollars on health care instead of on overhead, or rebate some of those premiums.

You think this buffoon really believes this shit? Is there even a middle class left ?

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President touts Obamacare put cash in 8.5 million pockets

President Barack Obama on Thursday highlighted tangible cost savings being delivered by his signature health-care reform law, arguing that putting extra dollars in middle-class peoples' pockets trumps continued efforts by Republicans to repeal or cripple Obamacare.

"The law is working the way it's supposed to do for middle-class Americans," Obama said in a White House speech where he was flanked by handful of the 8.5 million Americans who this summer are receiving rebates averaging about $100 as a result of the Affordable Care Act.

The new law's rules mandate that insurers either spend at least 80 percent of their premium dollars on health care instead of on overhead, or rebate some of those premiums.

You think this buffoon really believes this shit? Is there even a middle class left ?

View attachment 26873

View attachment 26874

Where did the insurance companies get the rebate money?
Did it come from the government?
It is the return of the the premium payers money in the first place...dumb f..k!!!

Also... dummy! How much do you think insurance companies pay out historically as a percent of premiums paid in??

Dumb f...ks like you and obama have no idea because:
A) you've never read a financial statement!
B) You've never had to do any accounting!
The average health insurance company nationwide of all the 1,300 health insurance companies AVERAGED BEFORE f...king Obamacare
80% of every dollar in premium goes out in CLAIMS !
 

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