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'Obamacare' saves consumers nearly $1.5 billion
L.A. Times ^ | 12/5/12

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 ...


TOPICS: Breaking News; Culture/Society; News/Current Events
KEYWORDS: consumers; fantasy; idiocy; laslimes; lunacy; noconsumersavings; obamacare; saves
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Welcome to Faaaantasy Island!
1 posted on 12/05/2012 6:06:30 PM PST by Nachum
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Comment #2 Removed by Moderator

To: Nachum

More proof that Cauliphonya doesn’t need to “legalize” recreational marijuana.


3 posted on 12/05/2012 6:09:05 PM PST by FlingWingFlyer (Don't tax me bro! Tax that guy over there!)
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To: Nachum

Who wrote this? Ashton Kucher? Or Charlie Sheen?


4 posted on 12/05/2012 6:09:22 PM PST by ClearCase_guy (Republicans have made themselves useless, toothless, and clueless.)
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To: Nachum

5 posted on 12/05/2012 6:09:54 PM PST by Red Steel
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To: Nachum

Really? So how does that jive with my health insurance premium increasing 18% for 2013?


6 posted on 12/05/2012 6:10:42 PM PST by Imperialist
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To: Nachum

Lollolol....


7 posted on 12/05/2012 6:12:18 PM PST by Psycho_Bunny (Thought Puzzle: Describe Islam without using the phrase "mental disorder" more than four times.)
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To: Nachum

Meanwhile, Obama blew through $8 TRILLION like it was nothing. And is demanding more.


8 posted on 12/05/2012 6:12:52 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Nachum

Consumers is the new word for illegal aliens? I thought it was undocumented workers.


9 posted on 12/05/2012 6:15:31 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: FlingWingFlyer

I have this idea....if we could government subsidize a massive amount of weed-growth in America, and just hand out marijuana to everyone, on a massive scale....then we’d smoke enough not to notice how bad our health was, and die earlier from ailments that were never noticed...then we’d save a ton of money on unnecessary medical treatment. I admit, it’s an idea under development, but I think it has bold opportunity.


10 posted on 12/05/2012 6:16:03 PM PST by pepsionice
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To: Nachum

Definitely alternate-universe ping!


11 posted on 12/05/2012 6:16:09 PM PST by Ken522
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To: Nachum

My insurance for next year just went up, too.


12 posted on 12/05/2012 6:16:18 PM PST by Cicero (Marcus Tullius)
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To: Nachum

Peanuts to what it is costing us in higher premiums.


13 posted on 12/05/2012 6:16:46 PM PST by Venturer
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To: Nachum

Of course it will cost your employer 100X as much and lead to the people saving 1.5 billion to be laid off. But hey penny-wise and pound foolish is how the dims operate.......


14 posted on 12/05/2012 6:17:40 PM PST by GraceG
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To: Drango

My Blue Cross/Blue Shield doubled.


15 posted on 12/05/2012 6:17:53 PM PST by mylife (The Roar Of TheMasses Could Be Farts)
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To: Nachum

And how many lives does it cost? I think that’s the question people should be asking
Meanwhile my Kaiser bill went up another 60 bucks..but not a shock since Kaiser loves Obama and gave millions to his campaign


16 posted on 12/05/2012 6:18:06 PM PST by Sarah Barracuda
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To: Nachum

What rebate? My Medicare supplement is going up 15%.


17 posted on 12/05/2012 6:18:46 PM PST by fatnotlazy
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To: Nachum

Saved what?
My premium went 100% my husbands 25%.
Medically necessary meds are no longer covered.......where do these people (LA Times) live, in fairyland?


18 posted on 12/05/2012 6:19:35 PM PST by svcw (Why is one cell on another planet considered life, and in the womb it is not.)
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To: Nachum

Rubbish.


19 posted on 12/05/2012 6:21:02 PM PST by popdonnelly
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To: Nachum

The propaganda mills are running overtime and exceeding fine.


20 posted on 12/05/2012 6:21:45 PM PST by YHAOS
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