Tuesday, December 21, 2010

Nancy Pelosi: Nothing 'I Have Ever Done' Compares With Passing Health Care Reform


If insurance companies now have to account for 85% of the premium to provide medical care to the insurer and use the other 15% for administra­tive costs, salaries and bonuses, this is not aggrandizi­ng the insurance overlords.

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Medical Loss Ratio.

Insurance companies have already figured out the way around the restrictio­ns in the bill:

On Countdown with Keith Olbermann, whistleblo­wer Wendell Potter talks with Lawrence O'Donnell about where the con game (medical loss ratio, the amount of money insurers must spend on health care) is in the legislatio­n, and how it will enable insurance companies to continue to price gauge and keep obscene profits instead of delivering affordable and quality medical care to policy-hol­ders.
About Health Care
Read the Article at HuffingtonPost

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