Thursday, June 21, 2012

Insurers will have to pay out $1.1 billion in rebates if Obamacare survives the Supreme Court

Insurers will have to pay out $1.1 billion in rebates if Obamacare survives the Supreme Court
"If there's any silver lining to this, it's that for one year, insurance companies generally didmeet the demands of the law. Before the provision was enacted, health care system experts expected that rebates owed would be over $2 billion. Which means the law did what it was supposed to: make insurers spend more on covering actual health care."

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