Quote:
Originally Posted by Redux
Damn dude...you just dont get or wont get it.
This has nothing to do with subsidies.....the bill sets a CAP on percent of premiums (15% for existing large group plans ) that can be claimed as administrative costs (or profits)....or the reverse.. 85% must be applied directly to patient care.
They cant raise premiums and claim more for administrative expenses or profits.
You only see what you want to see.
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No, what it says is that it Requires*that*insurance*companies*rebate*to*policy‐holders*any*spending*in*excess*15% FOR admin costs. Who says what those can be? You are trusting the insurance companies to acurately report the numbers? The same companies that have been screwing us for how long? Fox is incharge of the Hen House. Those rules are so vague that it screams for a scam.