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Old 07-11-2012, 11:42 AM
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Riot Riot is offline
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Default Rebates due out before August 1, 2012

healthcare.gov

The 80/20 Rule: Providing Value and Rebates to Millions of Consumers

The new health reform law, the Affordable Care Act, holds health insurance companies accountable to consumers and ensures that American families are reimbursed if health insurance companies don’t meet a fair standard of value.

Because of the Affordable Care Act, insurance companies now must reveal how much of premium dollars they actually spend on health care and how much they spend on administration, such as salaries and marketing.

This information was not shared with consumers in the past.

Not only is this information made available to consumers for the first time, If an insurance company spends less than 80% of premiums on medical care and quality (or less than 85% in the large group market, which is generally insurance provided through large employers), it must rebate the portion of premium dollars that exceeded this limit.[1] This 80/20 rule is commonly known as the Medical Loss Ratio (MLR) rule.

On June 1, 2012, insurance companies nationwide submitted their annual MLR reports for coverage provided in 2011 to the Department of Health and Human Services (HHS).

Based on this data, insurance companies that didn’t meet the 80/20 rule will provide nearly 12.8 million Americans with more than $1.1 billion in rebates this year. Americans receiving the rebate will benefit from an average rebate of $151 per household.

Under the new health care law, rebates must be paid by Aug. 1 each year. As a result, 12.8 million Americans will see one of the following:

a rebate check in the mail
a lump-sum reimbursement to the same account that was used to pay the premium if it was paid by credit card or debit card
a direct reduction in their future premiums
their employer providing one of the above rebate methods, or applying the rebate in a manner that benefits its employees.


Here are the expected 2012 rebates:

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Old 07-11-2012, 02:48 PM
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Smile The fix is on the way..

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Old 07-11-2012, 04:10 PM
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The Republican "Replacement" Health Care plan is "Obamacare", and has been since the Republicans in the House and Senate first introduced "Obamacare" as GOP legislation in 1993. The Republicans have nothing to "replace" with, as the Dems already passed their GOP "It's replacement for Hillarycare" health care plan.

One of the biggest differences between "Romneycare" (Heritage Foundation Individual Mandate Plan) and "Obamacare" is that Romneycare pays for abortions. Obamacare does not.
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Old 07-11-2012, 05:18 PM
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Originally Posted by Riot View Post
The Republican "Replacement" Health Care plan is "Obamacare", and has been since the Republicans in the House and Senate first introduced "Obamacare" as GOP legislation in 1993. The Republicans have nothing to "replace" with, as the Dems already passed their GOP "It's replacement for Hillarycare" health care plan.

One of the biggest differences between "Romneycare" (Heritage Foundation Individual Mandate Plan) and "Obamacare" is that Romneycare pays for abortions. Obamacare does not.

What!...wait...you must have that backwards......I demand an investigation..
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Old 07-11-2012, 06:05 PM
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The "Romneycare" abortions was added by the current governor of Mass.(Obama's buddy Deval) and the democratic legislature, not Romney. There were many additional mandates added later which is why everyone in Mass. must have the "cadillac" plan to qualify.
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Old 07-11-2012, 06:38 PM
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Quote:
Originally Posted by Rileyoriley View Post
The "Romneycare" abortions was added by the current governor of Mass.(Obama's buddy Deval) and the democratic legislature, not Romney. There were many additional mandates added later which is why everyone in Mass. must have the "cadillac" plan to qualify.
Ma'am..if you're gonna speak truth around theses parts, it's best if you just move along.
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Old 07-11-2012, 07:03 PM
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Quote:
Originally Posted by GPK View Post
Ma'am..if you're gonna speak truth around theses parts, it's best if you just move along.
Actually, she just needs to say where she heard that, before it's called "truth"
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Old 07-11-2012, 07:53 PM
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Quote:
Originally Posted by GPK View Post
Ma'am..if you're gonna speak truth around theses parts, it's best if you just move along.
Actually I stand corrected. Riot is right that it was in the original law. Romney vetoed it and the democratic legislature overrode his veto. He vetoed 8 mandates but the legislature overrode every one of them. It's also important to note that the Mass law was only 70 pages long and more importantly, Romney balanced the state budget BEFORE introducing the health care bill.
And no, I'm not going to provide links, pie charts, graphs or anything else. I happen to think the posters here are not as stupid as some believe and are quite capable of looking up info if they are interested and making up their own minds.
Romney was a good governor of this state. How many people know that he never accepted the governor's salary when he was governor?
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Old 07-11-2012, 07:03 PM
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Quote:
Originally Posted by Rileyoriley View Post
The "Romneycare" abortions was added by the current governor of Mass.(Obama's buddy Deval) and the democratic legislature, not Romney. There were many additional mandates added later which is why everyone in Mass. must have the "cadillac" plan to qualify.
Strange. Not according to Politifact (below), which says abortion has been covered since day one of the bill being signed into law by Romney.

Do you have any link for the claim you make about abortion not being covered, but was added later by Deval?

(which is rather a moot point, however, as it still makes it true that Romneycare covers abortions, and Obamacare does not)

Quote:
But because of a 1981 Supreme Judicial Court ruling in Massachusetts, the cost of abortions must be included in publicly subsidized plans. Most private insurance plans in the U.S. include abortion coverage, and the state-subsidized plans in Massachusetts do, too. That includes coverage for Massachusetts residents enrolled in Medicaid.
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