NORTON META TAG

19 July 2013

HEALTH INSURANCE REBATES, TANGIBLE BENEFITS FROM OBAMACARE 19JUL13

WHILE the repiglicans and tea-baggers in the US House vote to repeal Obamacare, the American people are realizing benefits of the law. One of them is limiting the obscene executive pay packages of the health insurance industry, so they have to devote more of their income to providing health care and not making the rich richer. This from the White House....
The White House, Washington
Hi, everyone --
If you want tangible evidence of the way that the new health care law is already helping ordinary people, it's worth having a conversation with one of the 8.5 million Americans who received rebates from their insurance companies this summer. Just ask the folks who got checks in the mail. 
Because of the Affordable Care Act, insurers are required to spend at least 80 percent of premium dollars on medical care, instead of overhead like salaries or advertising. And if an insurance company doesn't meet that standard, it has to provide a rebate to its customers. 
It's a really big deal, and we want to make sure everyone understands how it works.
Check out this graphic about health care rebates.
Thanks!
Tara
Tara McGuinness
Senior Communications Advisor
The White House
@HealthCareTara