Skip to comments.'Obamacare' saves consumers nearly $1.5 billion
Posted on 12/05/2012 6:06:24 PM PST by Nachum
Washington Consumers saved nearly $1.5 billion in 2011 as a result of rules in President Obama´s healthcare law that limit what insurance companies can spend on expenses unrelated to medical care, including profit, a new analysis shows. Much of those savings an estimated $1.1 billion came in rebates to consumers required because insurers had exceeded the required limits. The study by the New York-based Commonwealth Fund also suggests that the Affordable Care Act forced insurers to become more efficient by limiting their administrative expenses, a key goal of the 2010 law. In some cases, insurers passed savings on to consumers
(Excerpt) Read more at latimes.com ...
She’s pretty much dead on. I’m sure there have been several REAL conversations like this over the past month or so!! Looks like comments were disabled. . .I wonder why? /S
Damn! Obamacare has not even started yet and it has already saved huge amounts of money for the proles (Owrell 1984).
The media has really done it’s research this time around, and the most amazing thing is that there were no actual facts and figures to support the results.
I wonder how that happened. The part about finding fact and figures that don’t exist yet?
Could it be obtained from the Ministry of Propaganda?
Oops! Orwell = Owrell
Obama: We knew health costs would go up
Obama Admin. Actuary Finds Unsustainable Status Quo Cheaper than Obamacare
Barack Obama, June 23, 2009 :
“Let me be clear, When I say if you have your plan and you like it, or you have a doctor and you like your doctor, that you dont have to change plans, what Im saying is the government is not going to make you change plans under health reform.”
HEADLINES 6 months later:
3M Co. will drop retirees from health plans, steer to Medicare
McDonalds: Obamacare regulations will cause 30,000 employees to lose insurance
Harvard Pilgrim was forced (by Medicares administration) to notify its customers that their plans would be canceled as of the end of this year. The company will offer another supplemental plan offering fewer benefits at a higher premium
A bad omen on Obamacare: Fears about health reforms costs are coming true
... several major corporations reported it would take a bite out of their future earnings. This group included AT&T, Caterpillar, John Deere, Verizon and several other large employers.
Notice how the article oh-so-carefully avoids the hot topic of health insurance PREMIUMS, that are climbing like an SR-71 on takeoff. But... shhhhhhhh.... the sheeple are happy and placid now....mustn't disturb the stupor...
Where’s the unicorn sprinkles?
How easy for the Slimes to spew unverifiable numbers muddled into our huge increase, and tell us,. yeah “but it would have been even higher” What is 100% verifiable is that Bambi promised lower premiums and the ability to keep our Dr. All verifiable lies.
“...Affordable Care Act forced insurers to become more efficient by limiting their administrative expenses...”
Let’s do this with congress and the white hut...
my wifes went up, mine went up.
Seriously these states like CA, NY, MA ec are lost, even the people loving there for the most part think this will be the truth and then they will repeat it over Christmas to their family and friends
Per capita, does 1.5 billion come to more than or less than five shekels? Per household it might come to 20. I ask in shekels, because I think soon the dollar will be worth less than those little pewter Israeli coins. Just keep printing ‘em.
The Commonwealth Fund’s current president is Karen Davis, a nationally recognized economist who has an extensive background in public policy and research. Before joining the Fund, she served as chairman of the Department of Health Policy and Management at the Johns Hopkins School of Public Health, where she also held an appointment as professor of economics. She served as deputy assistant secretary for health policy in the Department of Health and Human Services from 19771980, under the Carter administration, and was the first woman to head a U.S. Public Health Service agency. Prior to her government career, Davis was a senior fellow at the Brookings Institution in Washington, D.C.,
>>Consumers is the new word for illegal aliens? I thought it was undocumented workers.
LOL. We have a winner!
Ha Ha, LOL!
Your logic seems as sound, or even sounder, than that of our leaders. That’s some fancy math you’re talking about!
“Thats some fancy math youre talking about!”
And the best part is - if I can’t pay my mortgage payment - YOU will!! (Or your grand children).
Daddy! Mommy and I saved $450 on your CitiBank card when we went on our shopping spree today!!!
And it only cost a trillion dollars.