We’ve heard all the complaints. The Death Panels. It will kill business employment. It goes on and on. But, there needs to be some sanity, some truth to the discussion.
Tag Archives: Insurance
Healthcare Rebates?
So, here it comes- or not. The PPACA (Obamacare) stipulates that health care insurers are required to justify their health care premiums. And, should they spend less than 80% of those premiums on benefits (this is called the medical loss ratio ) for small companies and individuals or 85% of large company insurance costs on benefits, they are “legally overcharging” these subscribers.
Armageddon did NOT come!
I a presuming you woke up fine this morning. The world did not end. Well, that’s not the way it was predicted. Had you listened to all the histrionics, you would have expected the world to have ended yesterday. You see, yesterday was another red letter day in the provisions of the Affordable Care Act. You know, what is pejoratively called ObamaCare.
Coming soon- to your mailbox (US Postal or eMail)
You know that despite all the hoopla, lawsuits, demonstrations, whatever, most people have already begun to benefit from the Health Insurance Reform (Patient Protection &Affordable Care Act (H.R. 3590) and the Health Care & Education Affordability Reconciliation Act of 2010 (H.R. 4872) passed in 2009. It would have been nice to have a real health reform bill, but given the first sentence, it’s not surprising that the half-a-loaf logic obtained.
Continue reading Coming soon- to your mailbox (US Postal or eMail)