Saturday, December 3, 2011

http://californiamajorriskmedicalinsurance.com/images/Healthcare%20Reform.jpg  Provision of Affordable Care Act went into effect - Link

The U.S. Department of Health and Human Services began issuing rules this week aimed at enforcing a provision of the Affordable Care Act that requires health insurance companies to spend 80 percent of every dollar you pay them on actual health care rather than on overhead or to pad profits.
The Department of Health & Human Services issues the rules of what insurer expenditures will—and will not—qualify as a medical expense for purposes of meeting the requirement.

As it turns out, HHS isn’t screwing around. They actually mean to see to it that the insurance companies spend what they should taking care of their customers. - Link

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