Sunday, July 15, 2012

Daily Kos: Thank You Obamacare - Rebate Check for $251.34 For Overcharge By Insurance Company

http://www.dailykos.com/story/2012/07/15/1110179/-Thank-You-Obamacare-Rebate-Check-for-251-34-For-Overcharge-By-Insurance-Company


I received my Health Insurance rebate today. The rebate was triggered by the "medical loss ratio" provision of the 2010 health care reform law that essentially caps insurance companies' administrative costs at 20 percent of premiums. That is still way above a single payer system or Medicare for all but it is an improvement.
The check also came with an advisory letting everyone know the additional benefits provided by the Affordable Care Act. These specifically are that your premium includes coverage for screenings and physicals at no additional costs. The note stresses the company’s intent to lower administrative costs. Well, they finally have to do a little more to earn the premiums they’ve been pilfering for decades.
It is in the insurance companies’ best interest to keep their costs down because a single payer system is the next phase.
people testifying on behalf of ACA aka "ObamaCares" are positive and counter to the fraudulent claims by the right.
what has the republican party offered or given in terms of rebate, more lies and lip service about how dismal the country is by Obama's failed policies, what they leave out is his problems which are the same problems of "we the people" are in fact do to their obstinate ,arrogant, blocking of all legislation designed for your health, jobs, and constitutional rights so who does by default or should i say fault is responsible for where you are right now?
where ever it is you are better off you have the potential of employment with positive numbers every month for last 27, instead of no chance losing 750,000 a month. don't let the green grass fool you if you think the grass is greener on the other side you are peeing on yours, don't, don't fall for the elephant dung a vote for our beloved Pres. is a sure restorer of your lawn front and back.