More bad news for those who hate Obamacare.
From thinkprogress.org
"Obamacare Has Saved Consumers $2.1 Billion | Regulations in Obamacare set up a program to review insurance rate increases and instituted an 80/20 rule, requiring insurance companies to spend no more than 20 percent of consumer premiums on profits and administrative costs. And since September 2011, insurance providers have had justify premium rate increase of more than 10 percent for individual and small group markets. Consumers have saved an estimated $1 billion on their insurance premiums as a result of rate review, and 13 million Americans received $1.1 billion in rebates last year from the 80/20 provision."
I find it interesting that every time I ask some one to explain why they don't like the ACA, they just repeat a Fox News meme but don't really understand why they don't like it.
"Obamacare Has Saved Consumers $2.1 Billion | Regulations in Obamacare set up a program to review insurance rate increases and instituted an 80/20 rule, requiring insurance companies to spend no more than 20 percent of consumer premiums on profits and administrative costs. And since September 2011, insurance providers have had justify premium rate increase of more than 10 percent for individual and small group markets. Consumers have saved an estimated $1 billion on their insurance premiums as a result of rate review, and 13 million Americans received $1.1 billion in rebates last year from the 80/20 provision."
I find it interesting that every time I ask some one to explain why they don't like the ACA, they just repeat a Fox News meme but don't really understand why they don't like it.
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