
Insurance companies figured out the way around the restrictio
ns in the legislatio
n long before Obama's signature was dry on the law
because the insurance industry not only wrote the bill, but becauseObama hired WellPoint's former VP (Liz Fowler, who actually authored the legislation) to be in charge of consumer issues and oversee the bill's implementation.
One loophole or con game in the legislatio
n is 'medical loss ratio'. That's the amount of money insurers must spend on healthcare
, 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-hol
ders.
Don't believe me? Meet Wendell Potter.
On Countdown with Keith Olbermann, whistleblower Wendell Potter talks with Lawrence O'Donnell.There's rarely a majority in Congress to pass anything at all until a campaign has been mounted to sell it.
KEEP READINGRead the Article at HuffingtonPost
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