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Guest post by: Mars!
OBAMACARE INCLUDES $127 BRIBE TO VOTERS
A little known provision in Obamacare is ready to hit this year with $1.3 Billion in Health Care Rebates being given out to qualifying people. This is another shameless bribe by the Democrat party to win voters, much the same as the one time $250 tax rebates given out a couple years ago. This absurdly transparent attempt to sway an election serves a two-fold purpose for The Won. It helps convince the weak-minded middle to vote for him and keep the gravy train rolling, and it allows him to tout the “savings” his health care plan has already given the people.
From CNN Money:
Your insurance company may owe you $127
By Jessica Dickler @CNNMoney April 26, 2012: 11:31 AM ET
NEW YORK (CNNMoney) — Thanks to a provision in the health care reform law, millions of consumers will be receiving rebates from their insurers this summer.
By Aug. 1, insurers that failed to meet one of the early guidelines of the Affordable Care Act are going to issue rebates averaging $127 to certain policyholders, according to estimates from the Kaiser Family Foundation.
Last year, the Affordable Care Act started requiring health insurers to spend a certain percentage of the premium payments they receive toward patient care, such as doctor’s visits and hospital stays, and quality improvement activities, including discounted gym memberships or wellness brochures, instead of things like administrative and marketing costs.
Under the law, large employer-sponsored plans must spend 85% of a policyholders’ premiums this way, while insurance companies that cover individuals and small businesses have to spend at least 80%. If an insurer fails to meet that threshold, they must issue a refund.
What health care reform is (and isn’t) doing now
Based on insurers’ recent filings to the National Association of Insurance Commissioners, those rebates will total $1.3 billion altogether this year, according to Kaiser.
A large share of this money, or $426 million, will go to consumers who bought their own insurance through one of 215 plans. Nationwide, these consumers — roughly 3.4 million people — will each receive an average rebate of $127, Kaiser said in its report.
Once again Obama tries to buy the vote, and the MSM is silent. It should also be considered that Obama can use these rebates as another way to attack private insurance. All he has to do is claim that the rebates came from “misuse” of the insurance money and all the happy little liberals will jump on the bandwagon.
Remember, there is nothing these scumbags won’t do to win. Hold them accountable at every turn.