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Re: New Health Bill Passed

Posted by desolationrower on March 31, 2010, at 22:20:06

In reply to Re: New Health Bill Passed » conundrum, posted by Zyprexa on March 30, 2010, at 14:13:23

> I thought that the health bill was going to put a cap on insurance company profits. 90% of money had to go to health care. no more than 10% to profits. Am I wrong?

well, its only one step away from a gulag, but there is the 'medical loss ratio' regulation. "Starting January 1, 2011, Americans will receive a rebate if their health insurers non-medical costs exceed 15 percent of premium costs in the group market or 20 percent in the small group and individual market." http://dpc.senate.gov/healthreformbill/healthbill68.pdf

-d/r

 

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URL: http://www.dr-bob.org/babble/poli/20090821/msgs/941568.html